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XRP moved above $1.40 for the first time since March as price action showed early improvement, while LOBSTR added XRP Ledger support to its wallet. The breakout eased near-term selling pressure, yet XRP still trades below falling 50-day and 100-day moving averages. At the same time, the wallet update gives users access to XRP-based assets through a platform that also supports Stellar assets.
The two developments place XRP at a key point in both price structure and network utility. Can stronger wallet access and a hold above $1.40 keep momentum alive across the XRP ecosystem?
For months, XRP stayed trapped in a prolonged downtrend marked by lower highs and firm moving average resistance. Even so, recent trading formed higher lows along an ascending trendline and pushed price above short-term resistance.
The move above $1.40 marked a local breakout from weeks of compression, not just a brief spike. XRP had traded in a narrow range for weeks and had repeatedly failed to reclaim this level.
Momentum also improved during the advance. The RSI climbed above midrange levels and kept rising. Volume increased as well, though it remained below levels that often accompany major trend reversals.
Still, the broader framework has not changed fully. The 50-day and 100-day moving averages remain above price and continue to slope lower. If XRP holds above $1.40, the next target sits in the $1.50 to $1.55 zone, while a stronger breakout could open a path toward $2.
If the asset fails to hold this level, price could return quickly to the prior range. Such a move would support the view that the breakout was temporary rather than structural.
Alongside the market move, LOBSTR officially added support for the XRP Ledger. The rollout gives users access to XRP-based assets inside an application built around the Stellar ecosystem. Crypto commentator BankXRP described the update as a major step for both communities. According to the post, XRP Ledger support now allows users to manage multiple assets from a single application.
The integration creates or expands access to adoption, interoperability, and financial innovation within one wallet environment. Users can now create or import XRPL accounts directly inside the LOBSTR app.
They can manage XRP, RLUSD, and XLM alongside existing Stellar-based assets. This setup removes the need for multiple wallets and simplifies asset management for both experienced users and newcomers.
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LOBSTR said users can also manage transactions directly inside the app. In addition, the platform lets users fund XRPL wallets through credit cards, bank transfers, and integrated payment services.
The wallet also supports fiat cash-outs without forcing users to leave the application. LOBSTR said it logs every transaction inside the app, and users can verify this activity directly on the XRPL network.
XRP has moved above $1.40 for the first time since March, showing early signs of stronger momentum. At the same time, LOBSTR’s XRP Ledger support expands access to XRP, RLUSD, and XLM. The next focus is whether XRP can hold this breakout and build further strength.
