XRP Stands Firm at $1.36 Amid Improved Momentum and Sharpe Ratio
XRP's price has held steady at $1.36 after a recent surge from its lows, with market momentum and risk-adjusted performance improving.
The asset broke above a descending trendline on the daily chart, while its Binance Sharpe Ratio climbed to 0.207, the highest level since August 2025.
This improvement in XRP's risk-adjusted return profile is reflected in the asset's Binance Sharpe Ratio, which measures return relative to volatility.
The key battleground for XRP is currently around $1.40, where significant liquidity and concentration of leveraged positions may lead to increased short-term volatility.
As long as buyers defend this support area, the breakout structure remains intact, setting up a potential move toward the broader $1.60, $2.00 resistance zone.