XRP is trading near $1.37 on May 21, 2026. The weekly chart opened at $1.4291 , ran to $1.55 on May 15 on CLARITY Act optimism, then sold off through the rest of the week down to a low near $1.35 . The current price puts XRP back in the red zone after starting the week looking like a breakout.
The 200-day MA at $1.4238 flipped from support to resistance again. That is the level everything hinges on.
XRP/USD Chart: $1.4238 Is Now Overhead
For XRP to recover, it needs a 4H close above $1.4238 to put the 200-day MA back below price. Above that, $1.50 is the next resistance. A daily close above $1.50 reopens the path toward the $1.55 weekly high.
On the downside, $1.35 is the immediate floor. A break and daily close below $1.35 opens the path toward $1.30 , and below that, $1.20 is the next significant support on the weekly chart.
What Drove the Move
CLARITY Act passed the Senate Banking Committee earlier in May, which gave XRP its initial push toward $1.55. The optimism faded as Iran tensions hit risk assets and the broader crypto market sold off through May 18 to 19. XRP fell with BTC and ETH, losing roughly 4% on the week.
The on-chain picture is still constructive. Approximately 7 billion XRP have been pulled off exchanges since February 2025, cutting sellable supply by 16%. Whale wallets continue to accumulate. But none of that helps when macro sentiment turns risk-off.
Key Levels
Support: $1.35 / $1.30 / $1.20 Resistance: $1.4238 (200-day MA) / $1.50 / $1.55
Bottom Line
XRP failed to hold $1.55 and is closing the week at $1.37 with the 200-day MA back overhead. Hold $1.35 and the structure stays intact. Lose it and $1.20 comes into view.
Neutral short-term. The chart needs a daily close above $1.4238 to flip back constructive.
This article is for informational purposes only and does not constitute financial advice.
