# XRP Price Tests Key Support as Ripple Expands Institutional Tools

**Published:** 2026-09-01T09:47:11.394Z  
**Topic:** Ripple Xrp  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/bb3f387a-885e-412a-8099-afe04306410d

XRP is testing $1.35 support after a 10% weekly decline. Ripple is now integrating its custody infrastructure with SettleMint to capture institutional demand.

XRP is testing a critical support level at $1.35, hovering near its 200-day Exponential Moving Average (EMA) as the asset navigates a cooling market and a new institutional partnership [3]. The price action follows a 10% pullback over the past week, a move that has left the token struggling to maintain momentum after failing to clear resistance at $1.54 [3].

| At a glance | |
|---|---|
| Current Price | $1.37 |
| Weekly Performance | -8% to -10% |
| Key Support | $1.35 (200-day EMA) |
| Primary Catalyst | Institutional custody partnership with SettleMint |

## Institutional expansion and technical headwinds
Ripple is attempting to solidify its role in traditional finance through a new partnership with SettleMint, announced September 1, 2026 [2]. The integration combines Ripple Custody—the company’s infrastructure for holding and governing digital assets—with SettleMint’s Digital Asset Lifecycle Platform (DALP) [2]. This move is designed to provide regulated financial institutions with a unified system for issuing and managing tokenized real-world assets, a sector projected by Boston Consulting Group to reach $88 trillion by 2035 [2].

While Ripple expands its enterprise utility, the market price for XRP has faced significant selling pressure. After briefly sweeping liquidity above $1.55, the asset saw aggressive selling that pushed prices nearly 20% lower from that peak [1]. Technical analysts note that the 50% retracement level of the $2.41 to $0.98 downswing, located at $1.54, has acted as a firm ceiling for recent gains [3]. Despite a 30% gain over the past month, the current price of $1.37 sits precariously above the 200-day EMA, a level that serves as the primary floor for the current bullish bias [1, 3].

## Security and network development
Beyond market performance, Ripple is actively addressing long-term network security through a four-stage roadmap aimed at mitigating "Q-Day"—the theoretical point at which quantum computing could compromise current cryptographic protections [1]. The initiative involves identifying vulnerabilities and testing quantum-resistant cryptography before migrating the broader network [1]. While the XRP Ledger currently allows users to replace account keys, any network-wide security upgrade will require coordination among independent validators [1].

| Technical Level | Price |
|---|---|
| Resistance (50% Retracement) | $1.54 |
| Support (200-day EMA) | $1.35 |
| Support Cluster (50/100-day EMA) | $1.21 |

## What to watch
*   **Support Confirmation:** Monitor whether XRP maintains the $1.35 support level; a confirmed breakout below this point could expose a support cluster near $1.21 [3].
*   **Resistance Hurdles:** Watch for a weekly close above $1.54, which traders identify as a necessary condition to confirm a bullish breakout [1, 3].
*   **Institutional Adoption:** Track the rollout of the Ripple-SettleMint integration in Asia Pacific markets to see if it drives increased volume or adoption of Ripple’s custody infrastructure [2].

The immediate question for the market is whether the utility-focused institutional partnerships can provide enough fundamental support to offset the current technical weakness. With momentum indicators like the MACD slipping below signal lines, the asset remains in a consolidation phase as it seeks to establish a new floor [3].

## Sources
1. Benzinga — [XRP Faces $1.55 Resistance as Ripple Prepares XRPL for Quantum Threat](https://www.benzinga.com/crypto/cryptocurrency/26/08/61534260/xrp-faces-1-55-resistance-as-ripple-prepares-xrpl-for-quantum-threat)
2. Cullman Times — [Ripple and SettleMint partner to provide digital asset custody and tokenization...](https://pr.cullmantimes.com/article/Ripple-and-SettleMint-partner-to-provide-digital-asset-custody-and-tokenization-for-financial-institutions-in-Asia-Pacific/6a965ca95b3d9368bc023f8a)
3. The Forex Market — [Will Ripple, Cardano, and Dogecoin extend their pullback this week? | FXStreet](https://www.fxstreet.com/cryptocurrencies/news/top-altcoins-price-forecast-ripple-cardano-and-dogecoin-show-weakness-crucial-emas-in-focus-202609010406)

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Cite as: TrendWatcher, "XRP Price Tests Key Support as Ripple Expands Institutional Tools", https://www.trendwatcher.in/article/bb3f387a-885e-412a-8099-afe04306410d