XRP returned to a rising support line two sessions after defending the same boundary on July 25, keeping attention on whether the token can maintain its triangle structure or move toward the $1 area if support fails.

The price first reached the boundary during the July 25 session, when buyers absorbed enough selling pressure to prevent a confirmed breakdown. The subsequent rebound stalled near $1.11, leaving XRP back at the same support area shortly afterward.

The triangle remains intact, but the limited rebound has weakened the defense of the pattern. Buyers have continued to absorb repeated selling, yet they have not pushed the price decisively away from the boundary. In this setup, the rising support line reflects the sequence of higher lows, while the repeated rejection area above marks where demand has not yet been strong enough to sustain a breakout. That makes the next daily close a key technical marker for the short-term structure.

Binance Funding Shows a Modest Shift

Positioning on Binance’s perpetual futures market has become slightly more constructive. According to CryptoQuant’s latest analysis, XRP funding rose to approximately 0.00138 after briefly moving below zero, while its 30-day Z-score reached 0.21.

The Z-score places funding only slightly above its recent average. Binance traders are again leaning toward long positions, but positioning remains far from an overheated bullish extreme. In perpetual futures markets, positive funding generally means long traders are paying short traders, so a small positive reading points to a modest long bias rather than aggressive leverage.

The signal is specific to Binance derivatives, while the technical chart referenced in the analysis reflects XRP/USD spot trading on Coinbase. The improvement is consistent with reduced bearish pressure on a major leveraged venue, but it does not establish that spot demand has strengthened across the broader market.

So far, the shift in funding has coincided with XRP stabilizing at support rather than breaking higher. Broader confirmation would require stronger spot volume and a move through the resistance immediately above the token.

Weak Rebound Leaves Buyers Under Pressure

XRP remains below its 50-day simple moving average near $1.11. A daily close above that level would create distance from the rising support boundary and bring horizontal resistance around $1.15 back into focus.

The $1.15 area has rejected several rallies since late June and forms the upper side of the triangle. A breakout supported by stronger volume would indicate that demand has moved beyond simply defending the lower trendline.

Even in that scenario, the broader structure would remain under pressure. XRP’s 100-day SMA stands near $1.23, while the 200-day SMA is around $1.38. Both averages continue to slope downward and remain well above the current price.

Daily Close Below Support Would Expose $1

An intraday move beneath the rising line would carry less technical weight than a daily close below it. A confirmed loss of support would interrupt the sequence of higher lows and expose the July low near $1.01, followed by the psychological $1 level.

Binance funding would then help show how leveraged traders respond. A move back below zero would point to renewed demand for short positions. If funding remained positive during a breakdown, recent long positions could become vulnerable if selling accelerated.

The next signals are whether XRP reclaims its short-term moving average and whether volume expands during another test of $1.15. Another weak bounce from the trendline would leave support increasingly exposed, while a close below it would shift immediate focus back to $1.

Disclaimer: This article is for informational and analytical purposes only and does not constitute financial or investment advice. Technical patterns and derivatives indicators do not guarantee future price movements.

Methodology: Technical levels are based on the supplied daily XRP/USD Coinbase chart dated July 27, 2026. Funding and Z-score data are specific to Binance perpetual futures and come from the linked CryptoQuant analysis.