XRP price is experiencing more pressure on May 18, 2026, despite optimism from some experts about its future performance. However, the cryptocurrency market remains weak, although XRP has managed to hold its key support levels as it attracted attention for outperforming Bitcoin.
At the time of writing, XRP is trading at $1.39, with a 24-hour trading volume of $2.28 billion and a market capitalization of $86.05 billion, according to CoinMarketCap. The XRP price recorded a 1.46% decline over the last 24 hours as selling pressure remained active across the broader crypto market.
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XRP Eyes 800% Upside Move
On May 18, 2026, a crypto analyst, JAVON MARKS, offered a bullish prediction for XRP, suggesting that the digital currency retains its breakout formation with respect to Bitcoin. Markets claim that the XRP price is capable of rising to 800% based on the development of the current formation, as seen in previous cycles.
As the MARKS stated, in case of previous breakouts, XRP would always move in the bullish direction, with a new breakout structure indicating the potential for XRP price to trade above $10. Furthermore, the MARKS also indicated that the long-term objective price of around $15 seems more realistic in the case of a recovery in buying pressure.
XRP Price Derivatives Data Shows Mixed Signals
According to the derivatives market data, the last 24-hour period saw inconsistent levels of trading activity. Specifically, open interest fell by 2.81% to reach $2.79 billion, suggesting that certain traders are unwinding their leveraged trades amid the prevailing market instability. On the other hand, trading volume rose by 6.08% to $2.91 billion.
On the other hand, the OI weighted funding rate is still negative at -0.0005%. This indicates that the bearish mood is still prevailing in the near future, with a lot of investors still preferring bearish trades. The negative funding rate is also an indication of low buyer confidence in the crypto market.
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