XRP edged lower on Wednesday, slipping 0.9% to trade near $1.33. The move came as the broader crypto market sat flat through mid-week, and as the XRP Ledger quietly rolled out its latest network upgrade — version 3.1.3. Despite the slight dip, the token held above the $1.30 support level, a line traders have been watching closely.
Price action holds a key line
XRP's drop was modest, but it kept the token in a familiar range. The $1.30 mark has acted as a floor in recent sessions, and Wednesday's close above it suggests sellers haven't gained full control. Some traders are now eyeing a potential recovery toward $1.40 in the near term — though that move would need a catalyst.
XRP Ledger upgrade goes live
The XRP Ledger completed its v3.1.3 upgrade this week. The network update didn't grab headlines, but it's part of the ongoing development behind the scenes. Details on what the patch fixes or adds are light — the upgrade was a routine release. Still, any network improvement keeps the infrastructure humming, and for XRP holders, that's a quiet positive.
Flat market backdrop
The broader crypto market wasn't offering much direction. Mid-week trading was flat, with most major coins moving less than 1% in either direction. That left XRP's small decline standing out mostly because of the support level it tested. Without a strong macro push, the token is likely to stay range-bound until something breaks — either the $1.30 floor or the $1.40 ceiling.
What traders are watching
For now, the focus is on whether XRP can build momentum off the v3.1.3 upgrade and the broader market's next move. The $1.40 target is within reach if buying picks up, but the token needs to hold above $1.30 first. The next few sessions will tell if this week's dip was just noise — or the start of a bigger pullback.
