XRP (XRP) Price: Falls Below $1.40 As Analyst Sets $60 Target

Market impact: Mixed, with a bearish near-term bias for XRPUSD.

The move below $1.40 weakens the immediate technical picture, particularly because the article identifies $1.35 as the current focal point and $1.30 as the next defensive area. A sustained break below that zone would suggest that sellers remain in control and could increase liquidation or momentum pressure. Conversely, reclaiming $1.40 and holding above the $1.45–$1.50 resistance region would be needed to demonstrate that the breakdown was rejected.

The $60 projection is unlikely to be a near-term price driver. It is conditional on a monthly close above $3.66—already implying a substantial repricing from the reported $1.35 level—and therefore functions more as a long-duration narrative anchor than an actionable catalyst. Such targets can attract speculative interest, but they also raise the risk of crowded positioning and sharp disappointment if XRP cannot first establish sustained acceptance above major prior highs.

Ripple CTO David Schwartz’s comments about XRP eventually exceeding Bitcoin’s market capitalization may support long-term sentiment, but they contain no specific timeline, price target, adoption milestone, or measurable change in fundamentals. The market implication is therefore limited unless followed by stronger network usage, institutional flows, liquidity growth, or evidence of XRP outperforming Bitcoin on a sustained basis.

The XRPL Lending Protocol is a more tangible potential catalyst, but currently carries meaningful execution risk. Validator support was reported at 31.43% versus an 80% activation requirement, so the amendment is not yet assured. Approval and successful deployment could improve the utility and DeFi narrative around XRP; delays, insufficient validator support, or weak post-launch adoption would undermine that bullish interpretation.

Trading interpretation:

near-term sentiment is bearish-to-neutral while XRP remains below $1.40, with the protocol upgrade and broader crypto-market conditions providing upside optionality. The next major variables are XRP’s ability to stabilize around $1.30–$1.35, any monthly progress toward $3.66, the Lending Protocol vote, and upcoming U.S. inflation data that could influence rate expectations and overall crypto risk appetite. The initial interpretation would be invalidated by a decisive recovery above the cited resistance band or by unexpectedly strong evidence of XRPL adoption.