XRP Price Today and What the Flip to Neutral Derivatives Data Means

- Price: $1.118

- 24h change: +1.85%

- 100-day EMA: $1.1023, with price holding above it

- Breakout trigger: weekly close above $1.11 opens the $1.126 zone

- Downside risk: loss of $1.10 targets $1.09

XRP is trading at $1.118 as of Tuesday, July 21, 2026, up 1.85% over the past 24 hours and holding above the 100-day EMA that capped it through most of the spring. XRP is the native token of the XRP Ledger, a blockchain that settles payments in seconds for fractions of a cent, and it has spent the past month grinding sideways while derivatives traders leaned against it. That lean just gave way. CryptoQuant analyst Pelinay published an analysis on July 20 showing that four separate derivatives indicators have eased off their bearish readings, enough to call XRP's market structure neutral for the first time in weeks.

A neutral reading sounds like a nothing signal. In derivatives, it usually marks the spot where the old trend has run out of sellers and the new one has not picked a direction yet, and XRP is sitting less than a cent below the trigger that would decide it.

XRP Price Today: Back Above the 100-Day EMA

The 24-hour move is modest, but where it puts the chart matters more than its size. XRP reclaimed the $1.1023 100-day EMA and has defended it on the daily closes since, the first stretch since early June where buyers treated that average as a floor instead of an exit. Moving averages do not support price by themselves. They mark where systematic strategies and trend followers flip from selling rallies to buying dips, and XRP trading above the line means that crowd is now leaning with the recovery instead of against it.

The road back was ugly. XRP spent early June bleeding through support, a stretch we charted in our June 3 breakdown of why XRP was falling, and it needed most of the month to rebuild a base around $1.10 before this week's push. The macro backdrop is finally cooperating too, with Bitcoin reclaiming $65,410 to start the week as the CLARITY Act moves toward a Senate floor vote.

So the price question narrows to one line on the weekly chart. Hold the reclaim, and the setup builds. Give the EMA back, and July becomes another failed bounce in a downtrend that never actually ended.

XRP Price Levels to Watch This Week

Five numbers organize everything XRP is doing right now, and they are close enough together that the range will not survive the week intact.

Watch how price behaves into a test of $1.11 rather than the touch itself. Repeated rejection wicks into that line on fading volume would say sellers still live there, while shallow pullbacks that hold the EMA would say the breakout attempt is loading.

The Four Derivatives Dials That Flipped XRP to Neutral

The more interesting story is happening off the spot chart. The CryptoQuant analysis from July 20 tracked four classes of derivatives indicators on XRP and concluded that selling pressure has eased enough to move market structure from bearish to neutral. It described positioning rather than price targets, and positioning is what decides how far the next move travels once it starts. Think of the four dials as gauges on one dashboard.

Funding rates. Perpetual futures charge a periodic fee between longs and shorts to keep contract prices pinned to spot. When funding runs negative, shorts are paying rent to keep pressing their bet, and when it drifts back toward flat, the bears have stopped paying for conviction. You can track the live readings across pairs on CoinGlass's funding rate page.

Open interest behavior. Open interest counts every futures contract still open, and the tell is how that count moves with price. Open interest collapsing into a down move means forced unwinds are driving the tape, while open interest stabilizing as price holds a level means the leveraged flush has burned out and fresh positioning can build on top of it.

Taker flow. Takers are the traders crossing the spread with market orders, the most impatient money in the book. A market where taker selling steadily outweighs taker buying is one where someone urgently wants out, so a fading of that sell-side dominance is one of the earliest signs a downtrend is exhausting itself.

Liquidation balance. Every leveraged wipeout prints as a liquidation, and the split between long and short liquidations shows which side keeps getting caught offside. Downtrends feed on cascades of long liquidations, so when that imbalance evens out, the market loses its favorite source of forced selling.

Neutral, in this framing, is not a forecast. It is a reset, meaning the four dials have stopped pointing down together and the next trend starts from a flat footing rather than a crowded one. That is also why the $1.11 weekly close matters more than usual this week, because a breakout attempted against bearish derivatives usually gets sold into, while one attempted from neutral has room to pull in fresh leverage behind it.

Ripple Payments in 90+ Markets and the XRPL Upgrade Behind the Chart

Derivatives explain the shape of the next move. The ecosystem explains why buyers keep showing up at these prices at all, and the current backdrop is busier than the flat price action suggests.

Ripple Payments is now live in more than 90 markets, which means the settlement network XRP was designed to serve is operating at a scale the token's earlier cycles never had underneath them. On the technology side, XRPL developers are preparing a major upgrade to the ledger, with the amendment process and specifications tracked publicly in the XRPL developer documentation. Sentiment has started sniffing around the ecosystem too, with the XRPL Ecosystem group ranking among the top-gaining categories on CoinMarketCap over the past 24 hours.

None of that tells you what XRP does this week. It tells you what the market is buying when the chart gives it permission, and a reclaimed 100-day EMA with neutral derivatives is the closest thing to permission this chart has offered since spring.

One caution belongs here. Some outlets are still recycling 2025 numbers into 2026 headlines, including a stale $3.66 all-time-high framing that has nothing to do with the current tape. Anchor your decisions to the live levels on the chart in front of you, not to a price XRP traded at in a different market regime.

How to Trade XRP Around a Neutral Reset

A neutral reading rewards patience over prediction. The reason most traders get chopped up in a range like this is that they trade the middle of it, where the distance to both the trigger above and the support below offers the worst available risk-to-reward.

The cleaner approach treats the levels as tripwires. Longs get interesting on a confirmed weekly close above $1.11, with the thesis invalidated if price falls back below the $1.1023 EMA afterward. Shorts have no confirmed setup while the EMA holds, and pressing one before $1.10 breaks means fighting the trend reclaim and the derivatives reset at the same time. Position size matters more than usual here, because neutral structures tend to resolve fast once one side commits, and the first move out of a reset often runs further than the range conditioned you to expect.

Frequently Asked Questions

Will XRP go up in July 2026?

XRP enters late July 2026 with price above its 100-day EMA and a neutral derivatives backdrop, which favors the upside scenario while both conditions hold. The honest answer is that neutral positioning removes the headwind rather than picking the direction, so treat a weekly close above $1.11 as the signal that the up-move is live.

What is XRP's resistance level right now?

The immediate resistance for XRP is $1.11 on a weekly closing basis, with the $1.126 breakout zone stacked directly above it. Clearing both would give XRP its most bullish structure since spring, while repeated rejections at $1.11 would keep it boxed inside the July range.

What does a neutral derivatives reading mean in crypto?

It means the market's main leverage gauges, covering funding, open interest, taker flow, and liquidations, have stopped leaning in one direction as a group, so neither side is paying a premium to press its view. Neutral readings often show up near the end of downtrends, because they reveal that forced selling has burned out before the price chart makes the turn obvious.

Is XRP still above its 100-day moving average?

Yes, as of July 21, 2026, XRP trades near $1.118 against a 100-day EMA at $1.1023, and it has defended that average on the recent daily closes. The average matters because it is the line that separated every failed bounce since spring from a durable trend change, which makes it the cleanest invalidation level for the current recovery.

Bottom Line

XRP at $1.118 with neutral derivatives is a coiled setup, and the resolution rules are mechanical. If the weekly close lands above $1.11, the $1.126 breakout zone comes into play and dips toward the $1.1023 EMA are constructive while it holds. If price loses $1.10 on a daily close instead, the neutral reset failed and $1.09 becomes the next stop, with no long thesis until the EMA is reclaimed again. The four dials took the crowd out of the market, so the chart gets to pick the direction, and it will announce the winner at the weekly close.

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency trading involves substantial risk. Always conduct your own research before making trading decisions.