{"id":43666,"date":"2026-05-13T23:00:03","date_gmt":"2026-05-13T23:00:03","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=43666"},"modified":"2026-05-13T23:00:03","modified_gmt":"2026-05-13T23:00:03","slug":"xrp-firm-position-above-1-38-could-open-the-door-for-another-leg-up","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=43666","title":{"rendered":"XRP Firm Position Above $1.38 Could Open The Door For Another Leg Up"},"content":{"rendered":"

XRP continues to show resilience above the crucial $1.38 support level despite recent corrective weakness. While momentum<\/a> remains modest, the ongoing structure still suggests the pullback may be part of a broader bullish setup rather than the start of a deeper decline. As long as buyers defend this key zone, the possibility of another leg higher remains firmly on the table.\u00a0<\/p>\n

XRP Holds Above $1.38 As Corrective Pullback Unfolds<\/h2>\n

According to a recent analysis<\/a> by More Crypto Online, XRP<\/a> remains within a broader range-bound structure. The pullback observed since the May 10 high is currently interpreted as a corrective three-wave decline rather than a definitive trend reversal. This suggests that the recent downward pressure may be a temporary consolidation phase within the larger market cycle.<\/p>\n

A critical component of this outlook is the defense of the key swing low situated around $1.38. More Crypto Online emphasizes that as long as this specific floor remains intact, the technical structure allows for another move higher, potentially within a diagonal pattern.<\/p>\n

Despite the possibility of an upward move, the analyst<\/a> notes that current upside momentum remains relatively weak. The recent price advance bears a striking resemblance to the corrective three-wave move that followed the April 5 low.\u00a0<\/p>\n

\"XRP\"<\/p>\n

Technicians are closely monitoring the internal B-wave support zone<\/a>, which lies between $1.40 and $1.42. More Crypto Online points out that this region is traditionally difficult to trade, as B-waves often fail to respect Fibonacci levels with precision. However, the internal 100% extension target near $1.41 has already been reached, which frequently serves as an ideal completion point for a corrective three-wave decline.<\/p>\n

Ultimately, the market must now prove whether it can find a firm footing within this support region to trigger the next rally phase. More Crypto Online concludes that the prevailing wave count remains valid only as long as the $1.38 level is successfully defended.\u00a0<\/p>\n

Binance Spot CVD Stability Hints At Quiet XRP Accumulation<\/h2>\n

Crypto analyst Xaif Crypto highlights<\/a> that XRP is currently exhibiting a significant divergence as Binance spot Cumulative Volume Delta (CVD) remains resilient despite the price hovering near local lows. This stability during a prolonged downtrend suggests that selling pressure is being met with firm underlying demand<\/a>.<\/p>\n

While a price drop of this duration usually triggers a sharp decline in spot volume delta, the current steady metrics suggest quiet institutional accumulation is occurring behind the scenes. Xaif Crypto highlights that a similar divergence previously served as a definitive precursor to a sharp market reversal. Given this historical precedent, the current stability in spot volume suggests that XRP may be nearing the conclusion of its consolidation phase and preparing for a trend<\/a> shift.<\/p>\n

\"XRP\"<\/p>","protected":false},"excerpt":{"rendered":"

XRP continues to show resilience above the crucial $1.38 support level despite recent corrective weakness. While momentum remains modest, the ongoing structure still suggests the pullback may be part of a broader bullish setup rather than the start of a deeper decline. As long as buyers defend this key zone, the possibility of another leg […]<\/p>\n","protected":false},"author":1,"featured_media":43667,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[51],"tags":[],"class_list":{"0":"post-43666","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-xrp"},"yoast_head":"\nXRP Firm Position Above $1.38 Could Open The Door For Another Leg Up - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=43666\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Firm Position Above $1.38 Could Open The Door For Another Leg Up - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"XRP continues to show resilience above the crucial $1.38 support level despite recent corrective weakness. 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