- XRP continues holding above key ascending support near $1.38 despite weak momentum.
- UBS-related XRP exposure disclosures boosted institutional interest narratives.
- Traders are closely watching the $1.45 resistance and $1.36 support zones.
XRP is once again attracting attention across the crypto market as institutional narratives surrounding Ripple-linked investment products continue building. While price action remains relatively muted for now, traders are closely watching whether XRP can stabilize above critical support levels and finally regain stronger bullish momentum after weeks of sideways movement.
At the time of writing, XRP was trading near $1.40, down roughly 1% over the last 24 hours. Even with the slight pullback, the asset continues holding above an important ascending support structure, suggesting buyers are still attempting to defend the broader setup despite ongoing market pressure.

UBS Disclosure Puts XRP Back Into Focus
Fresh attention surrounding XRP emerged after a post shared by BankXRP on X claimed that UBS Group, widely recognized as the world’s largest wealth manager with around $5.7 trillion in assets under management, disclosed exposure to XRP-related products through a recent SEC 13F filing.
According to the post, UBS reportedly gained exposure through investment vehicles tied to Grayscale and Volatility Shares products connected to XRP. The disclosure quickly fueled speculation across the crypto community, with many viewing it as another sign that institutional investors are becoming increasingly comfortable with Ripple-linked assets.
Some market participants even described the move as a potential institutional “stamp of approval” for XRP, though traders are still debating how significant the disclosure actually is in practical terms. Still, narratives like this tend to matter in crypto markets because sentiment often shifts before price fully reacts, and that seems to be happening again here.

XRP Price Continues Trading Inside Consolidation Pattern
Despite the growing institutional discussion, XRP’s chart structure remains trapped inside a relatively tight consolidation range. According to TradingView data, price action continues respecting an upward-sloping support trendline near the $1.38 region while facing immediate resistance around $1.45.
So far, XRP has struggled to reclaim stronger bullish momentum above that resistance area. Price also remains below both the 50-day and 200-day moving averages, which technically keeps the broader trend under pressure even if some of the selling intensity has eased recently.
Momentum indicators are also sending mixed signals. RSI currently sits around 38, which still reflects relatively weak market momentum and keeps XRP below the neutral zone traders typically want to see reclaimed during stronger recoveries. At the same time, XRP hasn’t completely broken down either, and that’s important.
The asset has continued printing higher lows around support instead of collapsing outright, suggesting there are still active buyers stepping in during dips. It’s not exactly explosive bullish behavior, but it does indicate the market hasn’t given up on XRP just yet.
Traders Watch $1.45 Resistance and $1.36 Support Closely
For bullish momentum to strengthen meaningfully, XRP likely needs to reclaim the $1.45 resistance zone convincingly. A breakout above that level could open the door toward higher supply areas and potentially shift short-term sentiment back in favor of buyers.
On the other hand, the market remains in a pretty delicate position. If XRP closes below the $1.36 support region, traders may begin targeting lower support zones again as bearish pressure intensifies.
Like most cryptocurrencies right now, XRP remains highly sensitive to broader market volatility and shifting investor sentiment. Institutional narratives may be improving, but the chart still needs stronger confirmation before traders fully commit to a larger recovery scenario.
Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.

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