- XRP shows the highest FOMO among BTC, ETH and XRP with 3.02 bullish comments per bearish one, per Santiment
- A descending wedge on the daily chart is nearing its apex, forcing a directional move at current price levels
- The Parabolic SAR flipped bullish at $1.0394, the first indicator to move in favor of buyers since the June decline
XRP trades at $1.0680 on July 14, up 0.17%, as a descending wedge on the daily chart converges toward its apex and crowd sentiment reaches its most bullish reading in five weeks. The Parabolic SAR has turned supportive below price, but every major EMA remains well above spot and declining, keeping the broader trend firmly in the bears’ favor.
Is XRP’s Descending Wedge About To Break?

The daily chart shows XRP compressing inside a descending wedge that formed after the May peak near $1.57. The upper trendline slopes down from those highs while the lower trendline rises from the early June bottom near $1.00, and the two converge right at current price. The token is running out of room inside this structure, and a directional move is overdue.
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The Parabolic SAR at $1.0394 sits below price and is the only indicator currently reading bullish. The 20-day EMA at $1.1003 is the first meaningful test above, sitting inside the wedge’s upper trendline zone and making that cluster the key ceiling on any recovery attempt. The 50-day at $1.1567, 100-day at $1.2563, and 200-day at $1.4643 all slope downward above that, presenting a stacked resistance wall if upside momentum builds.
What Are The Key Support And Resistance Levels For XRP Today?
- Support at $1.0394 on the Parabolic SAR and the wedge lower trendline
- Resistance at $1.1003 on the 20-day EMA and the converging wedge upper trendline
- Extended resistance at $1.1567 on the 50-day EMA and $1.2563 on the 100-day
Is XRP’s Bullish Sentiment A Buy Signal Or A Warning?
Santiment data shows XRP generating 3.02 bullish comments for every bearish one on Monday, the highest FOMO reading in five weeks and well ahead of Ethereum at 2.31 and Bitcoin at 1.40.
Santiment flagged that elevated crowd optimism while price remains below key resistance tends to create short-term downside risk rather than confirm a breakout. Bitcoin’s calmer 1.40 ratio is historically the healthier launch condition for sustained rallies, making XRP’s loud enthusiasm a signal worth watching with caution.
Ripple’s SEC Win Still Shapes How XRP Trades Today
Ripple’s chief legal officer Stuart Alderoty marked the anniversary of the court ruling that XRP does not qualify as a security in secondary market sales, drawing broad celebration across the XRP community.
The original SEC lawsuit in December 2020 caused a sharp price collapse and prompted several exchanges to suspend XRP trading before any verdict was reached. The legal resolution removed that regulatory overhang entirely, and holders continue to treat the anniversary as a reminder of how dramatically the token’s standing has shifted since those lows.
XRP Price Prediction: Upside and Downside Targets
- Upside case: The wedge breaks higher, XRP reclaims the 20-day EMA at $1.1003, and declining FOMO gives way to genuine follow-through buying toward the 50-day EMA at $1.1567.
- Downside case: Elevated sentiment exhausts buyers before a breakout, the wedge lower trendline fails, and XRP slides back toward the $1.00 support zone that held in early June.
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