XRP Price Outlook: Will Buyers Break the $1.60 Level This Week?

Currently changing hands at roughly $1.50, XRP has dropped 4.5% over the past week. Bulls are now tasked with defending the $1.48–$1.50 range while also breaking past the $1.58–$1.60 resistance barrier to push the asset back above $1.60. Having touched $1.6582 last week, the token’s immediate outlook depends on whether it can manage a fresh retest of $1.60 or faces a correction down to $1.44–$1.45.

Also Read: XRP Could Be on the Verge of a Major Breakout to $2.30

XRP This Week: Price Prediction, $1.60 Target And Key Resistance

This price action follows a substantial upward move. On the two-hour Binance chart, XRP surged roughly 33% from a September 16 low of $1.2457 up to $1.6582. CoinGecko figures indicate that the cryptocurrency has fluctuated between $1.47 and $1.56 over the past 24 hours.

XRP Price Holds Above Former Resistance

On the positive side, XRP continues to trade just above the $1.48–$1.49 zone, which previously served as resistance before the breakout. An initial sell-off from above $1.60 brought the price back to the upper $1.40s, and a subsequent attempt at $1.60 fell short of the $1.6582 peak, resulting in a short-term pattern of lower highs.

This downward pressure followed comments made by Ripple CEO Brad Garlinghouse on X on September 24. When asked why investors should choose XRP over Solana across a five-year horizon, Garlinghouse remarked:

“I’m not one of these people who’s an XRP maximalist, I’m bullish on a bunch of cryptos for a bunch of reasons.”

The immediate support level to monitor is $1.48–$1.50, followed by $1.44–$1.45. Conversely, XRP needs to reclaim $1.55 before aiming for a decisive break of $1.60, which would bring the $1.6582 peak back into focus.

Indicators Cool As XRP Ledger Ships An Emergency Fix

Technical metrics such as the RSI, MACD, and CCI indicate that momentum has softened. Three RSI readings are currently recorded at 39.27, 42.79, and 48.14—all staying below the neutral 50 threshold—while the MACD remains in negative territory with a histogram near -0.0082.

Meanwhile, developers behind the XRP Ledger launched xrpld 3.4.1. Official release notes for the XRPL explained:

“This is an emergency release to fix security-sensitive issues in the XRPL protocol. This release introduces a new amendment, fixBatchV1_2, with the default vote set to “Yes”.”

XRP Ledger Operations also addressed the update on X:

“xrpld 3.4.1 is being released with a Batch fix and stability improvements. We’re asking validators and node operators to upgrade as soon as possible. There has been no impact to mainnet, and no loss of funds.”

The patch has already secured a supermajority of validator backing and is scheduled to go live on October 9, functioning primarily as a network maintenance update rather than an immediate price driver.

XRP Price Prediction: Can Bulls Reclaim $1.60?

Market forecasts heavily rely on the preservation of the $1.48–$1.50 zone. As long as this support holds, another test of $1.60 remains probable, with the $1.58–$1.60 band serving as the primary barrier. Potential market outcomes include:

Scenario	What XRP Needs To Do	Areas To Watch
Bullish	Hold $1.48-$1.50, recover $1.55 and clear $1.60	$1.60, then $1.65-$1.66
Base Case	Keep holding former resistance	$1.48-$1.58 range
Bearish	Lose $1.48 decisively and fail to reclaim it	$1.44-$1.45, then $1.39-$1.42

Should buyers successfully defend the previous resistance level, XRP could mount another challenge toward the $1.60–$1.66 interval this week. Conversely, a definitive drop below $1.48 would likely pull the price down toward $1.44–$1.45.

Frequently Asked Questions

What is the current trading price of XRP?

At the time of writing, XRP is trading at around $1.50.

What key support levels must XRP hold?

The primary support zone to watch is $1.48–$1.50, followed by secondary support at $1.44–$1.45.

What resistance levels are blocking XRP from moving higher?

XRP faces resistance in the $1.58–$1.60 range, and must clear these levels to target its recent high of $1.6582.

Why was the xrpld 3.4.1 update released?

It was issued as an emergency release to resolve security-sensitive issues in the XRPL protocol, introducing the fixBatchV1_2 amendment with stability enhancements.

Did the network upgrade affect mainnet funds?

No, network operators confirmed there has been no impact on the mainnet and no loss of funds.