Why is $1.10 the level everyone is watching?

It has capped every meaningful XRP rally since early June and now sits directly above a rising higher-low structure, making a daily close above it the cleanest confirmation trigger on the chart.

Is the Standard Chartered $8 target realistic?

Geoff Kendrick's $8 by end-2026 call assumes a spot XRP ETF and material Ripple Treasury adoption. Both are plausible, neither is priced in, and the target relies on catalysts stacking rather than any single one landing.

What is XRPL's role in this thesis?

XRPL holds about $3.6B in tokenized real-world assets excluding stablecoins, with tokenized energy commodities growing fastest. Rising utility supports the long-run bull case but has not yet translated into spot demand for the token.

How should traders read the SuperTrend buy signal?

Ali Martinez's signal maps a 14% move to $1.25 if $1.08 holds on a daily close. It is a confirmation tool, not a prediction, and invalidates if XRP loses the $1.05 shelf.

XRP: The $1.10 Battle Between Ripple's Institutional Story and a Skeptical Tape

On-chain flows

Exchange reserves are the cleanest bullish data point in the file. Balances have drifted lower toward 2.55 billion tokens, a level last seen in Q1, which typically signals reduced sell inventory. U.Today's Friday post flagged what it called a capitulation signal on the XRP Ledger, arguing historical returns from this quantile have preceded meaningful bottoms.

XRPL fundamentals are doing more work than the price. The ledger holds roughly $3.6 billion in tokenized real-world assets excluding stablecoins, with tokenized energy commodities the fastest-growing sleeve. On-chain activity has jumped about 300% week-over-week on catalysts the team hasn't publicly identified, and Ripple CTO Emeritus David Schwartz used the week to float a transaction-ordering proposal aimed at killing sandwich attacks on XRPL DEX flow, Bitcoinist reported. Utility is quietly building. The question is whether spot demand shows up to price it in.

XRP climbed as much as 3% to an intraday $1.11 on Friday, CoinDesk reported, its fourth run at a resistance zone that has capped every rally since early June. The token is caught between two stories that don't yet agree: Ripple's institutional pitch keeps landing bigger numbers, and the tape keeps rejecting them at the same level.

By Rahul Mehta· AI-assisted· Altcoins & DeFi

Market context

Buyers defended a higher low overnight and pushed XRP within a few cents of $1.10 by the New York open, per CoinDesk's Friday markets recap. The move was small in dollar terms and loud in context. XRP has been rejected at $1.07 four separate times since early June, according to NewsBTC, and every failed attempt has cost it another notch of trader patience.

The backdrop is the loudest it has been in months. Ripple has spent the week promoting its Treasury platform, which the company says now touches 13,000 bank connections and offers visibility into roughly $12.5 trillion in annual payments flow. Standard Chartered's Geoff Kendrick reiterated an $8 XRP target by end-2026, and the SBI Holdings letter of intent to acquire Japan's Bitbank kept the Asia distribution story alive. None of it has been enough to break $1.10 on a closing basis. That is the tension worth pricing.

Technical setup

The chart is a lot cleaner than the narrative. XRP built a base around $1.08 into Thursday's close, then tagged $1.11 on Friday, per crypto.news. That is a higher low against the June 24 flush and a higher high against Wednesday's session, the first two-step structure bulls have printed since May.

Ali Martinez called out a fresh SuperTrend buy signal on the daily, mapping a 14% move to $1.25 if $1.08 holds on a close, U.Today reported. A rare confluence, but it needs the confirmation trade. Until XRP prints a daily close above $1.10, the setup is a range trade at best. A rejection here with a close back below $1.05 puts the March analog CryptoPotato flagged, a repeat of the pre-crash structure that ended near $0.88, back on the table.

On-chain flows

XRP: The $1.10 Battle Between Ripple's Institutional Story and a Skeptical Tape

Market context

Technical setup

On-chain flows

Sentiment

Scenarios

Risks

Key takeaways

Frequently asked

Sources