XRP was trading at $1.34 on Binance spot as of October 21, 2026, up 2.59% over the previous 24 hours. The gain hasn't been enough to lift the token out of its recent rut: it remains below both its 20-day and 50-day moving averages, with a cluster of resistance sitting just overhead.
The technical picture is stuck. Momentum is weak, and the MACD is flatlining. Buyers pushed the price higher Tuesday, but they haven't broken through the levels that would signal a real shift in trend.
A bounce that hasn't changed the chart
The 2.59% move is the kind of daily swing that looks meaningful in isolation and much less so on a longer chart. XRP is still trading under its 20-day and 50-day averages, which means the short- and medium-term trends remain pointed lower even after the bounce.
Those two averages act as dynamic resistance. Until the price closes above them, rallies tend to fade. Tuesday's move hasn't done that.
Resistance stacked right above the market
The bigger problem is what sits directly above $1.34. A cluster of resistance levels is packed into a narrow range overhead, giving sellers multiple places to step in. Each failed push into that zone adds to the supply.
For buyers, the work starts with clearing the moving averages, then chewing through the resistance cluster. Neither has happened yet. The MACD flatlining suggests there's no strong momentum in either direction — a market waiting for a catalyst rather than building one on its own.
Year-end outlook still unresolved
The year-end base case for XRP remains undecided. With technical indicators neutral and price pinned below trend lines, there's no clear signal pointing to a breakout or a breakdown. The market is coiling.
That leaves traders watching two things: whether XRP can close above its 20-day and 50-day averages, and whether the resistance overhead gets tested with enough volume to break it. Until one of those happens, the $1.34 level is just a waypoint, not a turning point.
The next few sessions will show whether Tuesday's gain was the start of something or just another bounce in a range. For now, the chart says the latter.
