XRP Holds $1.38 Support, Accumulation Signals Flash

Currently, XRP is priced at approximately $1.43, boasting a market capitalization of $88 billion, and remains above the vital support level of $1.38. Analyst More Crypto Online interprets the decline observed since May 10 as a corrective three-wave movement rather than a shift in trend. Data from Binance's Spot CVD reveals a divergence, suggesting that institutional investors are quietly accumulating. Key resistance points include $1.4330, $1.44, $1.4460 (61.8% Fibonacci), and $1.4520. A close above $1.4460 could lead to targets of $1.4880 and $1.4950, with a breakout above $1.52 aiming for $1.60. Nonetheless, the hourly MACD shows bearish signals, and the RSI has fallen below 50. By May 10, 2026, spot XRP ETFs had accumulated $1.325 billion in net inflows, with weekly additions of $28.17 million. The U.S. Senate Banking Committee's markup vote on the CLARITY Act on May 14 may clarify XRP's regulatory position. Additionally, Ripple, JPMorgan, and Mastercard have successfully completed a pilot program for tokenized repurchases of U.S. Treasury bonds.