XRP Price Prediction Today: Can Bulls Break $1.20 as Whale Buying Continues?

Published by

Sohrab Khawas

July 21, 2026

XRP price today is trading above $1.10 after gaining nearly 4%, while Bitcoin has climbed back above $65,000. The recent recovery has improved market sentiment, but XRP still needs to move above $1.20 to confirm a stronger uptrend.

The $1.20 level has acted as a strong resistance in recent weeks.

According to analyst, a sustained move above this level could push XRP toward the next resistance zone between $1.24 and $1.28. A break above $1.29 would strengthen the bullish trend.

On the downside, XRP needs to stay above $1.13 to maintain the current recovery. A drop below $1.10 could erase recent gains.

XRP Price Rises as Funding Rates Fall

One unusual signal during the latest rally is the sharp drop in XRP funding rates.

Funding rates fell 240% in one day, even as XRP moved above $1.13. At the same time, trading volume increased 64% over the past 24 hours.

This suggests the price increase is being supported by spot buying rather than excessive leveraged trading, making the move appear healthier than a leverage-driven rally.

Whale Buying Continues

Large XRP holders added around 70 million XRP during the recent price recovery. Despite this accumulation, XRP has remained below $1.20, showing that buying pressure has not yet been strong enough to trigger a larger breakout.

Network Activity Remains Weak

Active XRP addresses have dropped to around 20,000, the lowest level in nearly a year. Lower network activity suggests fewer users are currently interacting with the XRP Ledger, even as the price attempts to recover. At the same time, new capital entering XRP remains limited, which has slowed upward momentum.

Key XRP Price Levels

$1.10 – Major support
$1.13 – Short-term support
$1.20 – Key resistance
$1.24-$1.28 – Next resistance zone
$1.29 – Level that could open the way for a stronger rally

XRP has started to recover, supported by higher trading volume and continued accumulation by large holders. However, the price remains below its key resistance, network activity is near a one-year low, and fresh buying remains limited. Holding above $1.13 and breaking $1.20 will be the next important signals to watch.

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