Will Momentum Hold for XRP as Price Defends $1.34 and Challenges $1.42?

• XRP was currently trading at $1.37 and has decreased by 3.5 percent per day to day trading, oscillating around a significant level of support at $1.34.

• The pivot is the $1.396 level and the higher limit of the current 24-hours is $1.42.

• Today’s trading structure has a price that is bound between the level of support and resistance of $1.34 and $1.42 respectively.

XRP (XRP) was trading at around $1.37 at the last trading session representing a 3.5% decrease in the last 24 hours. In spite of a decline that occurred on a daily basis, price recovered intraday lows of around $1.34. The graph indicates drastic rejection in the earlier months of the month, after which there has been a smooth pullback.

Nevertheless, there are recent candles which show that buyers were able to defend the lower boundary. The question is therefore whether price can restore its position to levels of $1.396 on the chart.

XRP Tests Significant Reclaim Level following acute denial at $1.60.

The four-hour chart is volatile in sequence. In the past, XRP has been on a positive trend as it nears the mark of $1.60, after which it is met with immense selling pressure. That rejection caused a steady decline to the levels of $1.34. It is worth noting that long lower wicks were made in the support area, which was a sign of the responsive buying interest.

$XRP / $USD – Update

Nice bounce off the lows. If we can hold and reclaim $1.396 i will be looking for longs up pic.twitter.com/rcUHsHAwn5

— Crypto Tony (@CryptoTony__) February 23, 2026

The price made another bounce and tried to settle around the mark of over $1.38. But the resistance is visible around the level of $1.42. There is a reclaim level of $1.396 indicated by the chart too. When price exceeds that level, then there is the possibility of the momentum moving upwards in the intraday levels.

XRP Holds Key Levels as $1.396 Pivot Shapes Short-Term Range

Support stands at $1.34, aligning with the recent low and horizontal demand zone. This level halted the latest decline and triggered the rebound. Therefore, traders monitor it closely for stability.

On the positive, resistance is at $1.42, which is the same as the stated ceiling of the 24-hour range. In between these levels, there is a pivot of $1.396. A sustained move above $1.396 would place price closer to $1.42. Conversely, rejection below that mark may keep price confined within range.

Short-Term Scenarios for Today

In a bullish scenario, XRP holds above $1.34 and reclaims $1.396. That development could drive the price toward $1.42 during today’s session. Continued strength may extend intraday tests slightly above that level.

However, in a bearish scenario, failure to maintain support at $1.34 would expose lower intraday territory. Sellers could push prices below $1.34 if momentum weakens. In the meantime, XRP moves with apparent boundaries with the market waiting to be proved right. XRP is still in this orderly range since the traders evaluate short-term direction.