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XRP<a href="https://yellow.com/asset/xrp" rel="noopener noreferrer nofollow">(XRP)</a> has slipped back toward $1.41 after a failed attempt to <a href="https://yellow.com/news/xrp-price-range-macro-pressure" rel="noopener noreferrer nofollow">clear the $1.45 resistance</a>, leaving traders waiting on the next decisive move.<h2 id="xrp-price-action">XRP Price Action</h2>The token had pushed toward $1.45 earlier in the week before sellers stepped in, <a href="https://x.com/Ellaweb_3/status/2052628898446205023?s=20" rel="noopener noreferrer nofollow">according</a> to analyst EllaWeb3.She flagged the rejection at the upper edge of the range. XRP slid from $1.4534 to $1.4137 over a single 24-hour session. Heavy selling hit on May 6, when 131 million in volume drove the price through support at $1.4460.The pullback came even as Ripple kept expanding its institutional tokenization work on the XRP Ledger. JPMorgan, Mastercard and Ondo Finance were involved in a recent cross-border tokenized U.S. Treasury settlement on the network.Yet the market reacted to the chart, not the headlines.Traders are now watching $1.40 to $1.41 as primary support, while $1.45 to $1.47 caps the upside, and thin liquidity raises the odds of a sharper swing once the range finally breaks.Also Read:<a href="https://yellow.com/news/chainlink-whales-buy-32-9m-link-record-high" rel="noopener noreferrer nofollow">Chainlink Whales Quietly Pocket 32.9M LINK In 30 Days, Hitting All-Time High</a><h2 id="analyst-view">Analyst View</h2>Analyst More Crypto Online<a href="https://x.com/Morecryptoonl/status/2052506959903911945?s=20" rel="noopener noreferrer nofollow">argues</a> the broader picture has not really changed. From an Elliott Wave standpoint, the current move still looks corrective rather than impulsive.XRP appears to be developing a B-wave range while Bitcoin<a href="https://yellow.com/asset/btc" rel="noopener noreferrer nofollow">(BTC)</a> has already produced stronger rallies in the current phase.The $1.22 to $1.55 zone remains the dominant range, and as long as price stays trapped inside, the structure favors a corrective outlook over a clean reversal.<h2 id="recent-swings">Recent Swings</h2>There is also room, the analyst said, for another C-wave decline into the $0.98 to $0.48 area. A temporary push toward the $1.78 to $2.87 region remains possible, but would still fit within a larger corrective scenario rather than a fresh bull run.XRP has spent most of 2026 stuck between roughly $1.30 and $1.45, with bears defending the upper edge on every attempt. The token briefly <a href="https://247wallst.com/investing/2026/05/04/xrp-price-will-xrps-cup-and-handle-breakout-finally-confirm-this-week/" rel="noopener noreferrer nofollow">touched</a> $1.50 on April 17, its highest level since a March spike to $1.60. Momentum has steadily faded since then, and the May 11 Senate Banking Committee markup of the <a href="https://yellow.com/news/can-clarity-act-reshape-crypto-markets-in-2026-jpmorgan-says-yes" rel="noopener noreferrer nofollow">CLARITY Act</a> now looms as the next major catalyst.Read Next:<a href="https://yellow.com/news/internet-computer-10-percent-gain-decentralized-cloud" rel="noopener noreferrer nofollow">Internet Computer Posts 10% Gain Amid Decentralized Cloud Push</a>

Ripple's XRP Caught In $1.22-$1.55 Range, Bulls Run Out Of Fuel

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