XRP Holds Below $2, but Analysis of XRP’s Momentum Resets Points to a Positive Trend
2026-05-07
XRP momentum reset analyst discussions are becoming more relevant as XRP continues to hold below the $2 target. Based on the CoinGlass data, XRP is still under short term pressure, with the price around $1.4053 and the daily move still bearish ahead of NFP.
However, the market is not one sided. Futures flows remain weak, but spot flows are still positive across several timeframes, suggesting that buyers have not fully stepped away while momentum resets.
Key Takeaways
- XRP is still below the $1.57 resistance area, while $1.3 remains the key support area to watch.
- CoinGlass data shows negative futures net inflows, but spot flows remain positive across several timeframes.
- The $2 target is still possible, but XRP needs stronger momentum and a clearer break above resistance first.
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XRP Price Analysis Shows a Market Still Under Pressure
XRP is currently sitting around $1.4053, which keeps it below the $1.57 resistance area and still far from the wider $2 target.
This matters because the market has not yet confirmed a strong upside continuation. The 24 hour reading is also negative, with XRP down around 1.13%, while the 4 hour and 24 hour performance data are also red.
That makes the short term chart look weaker, especially as the daily move is happening before the NFP release.
The main support area is around $1.3. As long as XRP stays above that area, the broader structure can still be viewed as a reset rather than a deeper breakdown.

However, a clear move below $1.3 would weaken the recovery argument because it would show that buyers are not defending the lower range.
On the other hand, a move back above $1.57 would be more constructive because it would suggest that XRP has enough demand to challenge the next upside area.
The important point in this XRP price analysis is that the market is mixed, not fully bullish and not fully broken.
CoinGlass performance data shows XRP is positive over 7 days, 30 days, and 90 days, but still negative over 180 days, year to date, and 1 year. That means short term recovery is visible, but the bigger structure still needs confirmation.
NFP can also affect risk appetite because it is one of the major US labour market reports watched by traders and the Federal Reserve.
The Bureau of Labor Statistics schedule shows the April 2026 Employment Situation report is set for 8 May 2026 at 08:30 AM Eastern Time.
Read also: XRP Trading Setup for Early May 2026
CoinGlass Flows Suggest Spot Buyers Are Still Present
The most interesting part of the CoinGlass data is the difference between futures flows and spot flows. Futures flows show pressure across several timeframes.
The 5 minute futures net inflow is negative at around $173,870, the 30 minute reading is negative at around $6.38 million, the 1 hour reading is negative at around $18.18 million, and the 4 hour reading is negative at around $29.03 million.

This suggests that derivatives traders are still cautious, with more money leaving than entering in those windows.
However, spot flows tell a different story. CoinGlass spot data shows positive net inflows across the displayed periods.
The 5 minute spot net inflow is around $106,980, the 15 minute reading is around $99,070, the 1 hour reading is around $1.98 million, the 4 hour reading is around $1.72 million, and the 12 hour reading is around $2.44 million.
This is important because spot inflow can suggest direct buying interest, while futures can be more reactive to leverage, liquidations, and short term positioning.
This is where the idea of a momentum reset becomes useful. XRP does not look strongly bullish in the short term because the price is still below resistance and futures flows are weak.
Still, the positive spot flow suggests that some buyers may be accumulating while leveraged traders reduce exposure before macro data.
Liquidation data also supports a cautious reading. Long liquidations are much larger than short liquidations in several windows, including the 24 hour data, where long liquidations are around $2.69 million while short liquidations are around $2.17 million.
That means some bullish positions have already been flushed out, which can reduce excessive leverage if spot buyers remain active.
Read also: Finbold AI Estimates on XRP Price May 2026
How to Trade XRP on Bitrue During Volatile Market Conditions
Bitrue can be useful for traders who want a simpler way to access XRP while monitoring changing market conditions.
Since XRP is still below resistance and NFP can increase volatility, traders should use a careful plan rather than entering only because the $2 target looks attractive.
- Open the Bitrue app or website and create an account.
- Complete the required security steps, including 2FA, before depositing funds.
- Search for XRP in the spot market and choose the XRP trading pair you want to use.
- Review the chart, compare the current price with the $1.3 support area and the $1.57 resistance area, then decide whether to use a market or limit order.
- After buying XRP, check your wallet balance and continue monitoring price action before adding more exposure.
The key is not to treat Bitrue as a reason to trade without a plan. It is better used as a practical platform for managing entries, exits, and portfolio exposure while XRP is still moving between support and resistance.
For traders who prefer a more direct experience, Bitrue can make XRP trading easier because the platform gives access to spot trading and other crypto markets in one place. Still, risk control remains important, especially when macro events like NFP can affect market sentiment quickly.
Read also: How to Buy XRP Safely in 2026
Conclusion
XRP is not yet in a confirmed move towards $2, but the CoinGlass data shows that the market is more balanced than the red daily move suggests. Futures flows are weak, liquidations show pressure on long positions, and the price remains below the $1.57 resistance area.
However, spot flows are still positive, which keeps the momentum reset argument alive as long as the $1.3 support area holds.
For traders who want simpler access to XRP and other crypto assets, Bitrue can be a practical choice for easier and safer crypto trading, especially when used with clear risk management.
FAQ
What is the current XRP price area to watch?
The main support area is around $1.3, while the key resistance area is around $1.57.
Can XRP still reach $2?
XRP can still move towards $2, but it needs a stronger break above resistance and better momentum confirmation first.
What does CoinGlass data show for XRP?
The data shows weak futures flows but positive spot flows, which suggests short term pressure with some buying interest still present.
Why does NFP matter for XRP?
NFP can affect broader risk sentiment because traders use it to judge the US labour market and possible Federal Reserve policy direction.
Is Bitrue suitable for trading XRP?
Bitrue can be used to trade XRP more easily, but traders should still use proper risk management and avoid entering only based on a price target.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
Disclaimer: The content of this article does not constitute financial or investment advice.






