
{"id":165283,"date":"2026-05-13T23:00:03","date_gmt":"2026-05-13T23:00:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=165283"},"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:\/\/mycryptomania.com\/?p=165283","title":{"rendered":"XRP Firm Position Above $1.38 Could Open The Door For Another Leg Up"},"content":{"rendered":"<p>XRP continues to show resilience above the crucial $1.38 support level despite recent corrective weakness. While <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-signals-massive-breakout\/\" target=\"_blank\" rel=\"noopener\">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<h2>XRP Holds Above $1.38 As Corrective Pullback Unfolds<\/h2>\n<p>According to a recent <a href=\"https:\/\/x.com\/Morecryptoonl\/status\/2054260484203852069?s=20\" target=\"_blank\" rel=\"noopener\">analysis<\/a> by More Crypto Online, <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/key-xrp-metric-skyrockets-65-in-record-time-why-it-could-change-everything-for-buyers\/\" target=\"_blank\" rel=\"noopener\">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<p>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<p>Despite the possibility of an upward move, the <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/something-shocking-just-happened-to-the-xrp-price-analysts-are-using-it-to-make-a-bold-prediction\/\" target=\"_blank\" rel=\"noopener\">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<p>Technicians are closely monitoring the internal B-wave <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-finds-support-1-420\/\" target=\"_blank\" rel=\"noopener\">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<p>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<h2>Binance Spot CVD Stability Hints At Quiet XRP Accumulation<\/h2>\n<p>Crypto analyst Xaif Crypto <a href=\"https:\/\/x.com\/Xaif_Crypto\/status\/2054454053032321405?s=20\" target=\"_blank\" rel=\"noopener\">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 <a href=\"https:\/\/www.newsbtc.com\/altcoin\/xrp-etf-demand-explodes-with-75m-inflows-as-whales-circle\/\" target=\"_blank\" rel=\"noopener\">demand<\/a>.<\/p>\n<p>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 <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-replicate-2017-trend\/\" target=\"_blank\" rel=\"noopener\">trend<\/a> shift.<\/p>","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":165284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-165283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/165283"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=165283"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/165283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/165284"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=165283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=165283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=165283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}