finance
XRP Climbs 4.6% to Near $1.13 but Stays Inside Descending Daily Channel
The token traded in a $1.08-$1.14 range with volume at $1.27 billion. A sustained move above $1.13 could target $1.35 according to chart analysis.
Jul 21, 3:21 AM·1m read2 sources
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XRP rose about 4.6% to trade near $1.13 on July 21, 2026. The token opened near $1.0925 and reached as high as $1.1067 before extending higher during the session. Its 24-hour range stretched from $1.08 to $1.14.
Market capitalization stood near $70.85 billion while 24-hour trading volume reached around $1.27 billion. Price held above the $1.08-$1.10 area throughout the day. Volume increased as the token tested short-term resistance.
On the hourly chart the token consolidated inside a symmetrical triangle. Analyst Ali Martinez stated that a breakout above $1.13 could open the door to a roughly 20% rally toward $1.35. The monthly chart shows a TD Sequential buy signal, Martinez added.
On the daily chart XRP remains inside a descending channel with the 100-day and 200-day moving averages above price and sloping lower. The $1.24-$1.28 zone marks the next major resistance area that aligns with the channel upper boundary. Support stays strongest around $1.02-$1.06.
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CorroborationModerate · 2 sources
