Why is XRP stuck below $1.41?

It is mechanical resistance from at least six prior rejections since late April, per Crypto.news. Volume on each rally attempt has declined, which points to a lack of fresh demand rather than active distribution. A daily close above $1.41 with spot volume leading perp open interest would change the picture.

Did David Schwartz really reject the $10,000 XRP target?

Yes. NewsBTC reported his argument that no rational investor would let XRP trade at $1.39 if they assigned even a 1% probability to a $10,000 outcome over ten years. He also told followers via Crypto.news and Bitcoinist that Ripple equity, not the token, is his primary crypto exposure.

What is the Moscow Exchange XRP index?

CryptoNews reported that Russia's largest regulated exchange will publish an official XRP index next week, following the same listing track that has already covered SOL, TRON and BNB. It is a credibility marker for institutional access in Russia rather than a direct spot trading product.

How does the $3.6B in XRPL real-world assets fit into the thesis?

CryptoSlate reported the figure, which excludes stablecoins and includes growing exposure to tokenized energy commodities. Combined with a 300% surge in ledger activity over the past month, it suggests genuine utility growth on the chain, though the catalyst behind the activity spike has not been cleanly identified.

XRP Coils Below $1.41 as Ripple's Treasury Pitch Meets Schwartz's Reality Check

XRP traded at $1.39 on Tuesday, capped again by the $1.41 ceiling that has rejected every rally since late April, even as Ripple touted 13,000 bank connections and Moscow Exchange prepared to publish an official XRP index next week. The CryptoBeast score reads 76, the institutional pipeline looks heavier than at any point in 2026, and former Ripple CTO David Schwartz spent Monday pouring cold water on the four-figure XRP targets flooding crypto Twitter. The setup is coiled. The narrative is split.

By Daniel Park· AI-assisted· On-chain analyst

Market context

Ripple spent the past week rolling out the institutional case for XRP. Bitcoinist reported the company's claim that its Treasury platform now reaches 13,000 banks and offers visibility into roughly $12.5 trillion in annual payment flows, the headline figure that prompted one analyst to argue the math points to $625 per token. Standard Chartered, more conservatively, kept its $8 target by year-end 2026, anchored on a US spot ETF approval and Ripple revenue traction.

CryptoNews first reported Tuesday that Moscow Exchange will publish an official XRP index next week, putting Russia's largest regulated venue on the same listing track that already covers SOL, TRON and BNB. SBI Holdings, the Japanese financial conglomerate that has been a Ripple partner since 2016, also submitted a letter of intent to acquire Tokyo-based exchange Bitbank. The deal, if it closes, deepens an Asian distribution footprint that is already the most XRP-friendly major market.

None of these are price catalysts in the next 24 hours. Together they are why the order book is coiled rather than discounted. XRP carries an $86.7 billion market cap on a 61.8 billion circulating supply, and that capital structure has not absorbed the institutional drumbeat into the spot price.

Technical setup

The chart is cleaner than the narrative. XRP printed an intraday high near $1.41 earlier Tuesday before fading to $1.39, the same rejection it has logged on at least six prior attempts since late April, according to Crypto.news. The publication flagged the pattern as a symmetrical triangle compressing toward resolution, with $2 as the measured-move target on a clean breakout. A close below the $1.30 lower trendline opens $1.20, the late-March accumulation low.

XRP Coils Below $1.41 as Ripple's Treasury Pitch Meets Schwartz's Reality Check

Market context

Technical setup

On-chain flows

Sentiment

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Disclaimer

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