- Critical support and bullish divergence
- Strong retail demand
XRP is currently testing the nerves of traders as its price action approaches a make-or-break horizontal support level
At the same time, a key technical indicator is flashing a signal that could point to an impending reversal.
Coupled with strong retail accumulation, XRP finds itself in a rather peculiar spot
HOT Stories
XRP Price Action Hovers at Critical Support
Crypto Market Review: Did Shiba Inu (SHIB) Finally Hit Price Top? Bitcoin’s Catastrophic Tumbling Might Not Be Over, Can XRP Realistically Lose $1?
Critical support and bullish divergence
The asset has been in a localized downtrend over the past few days. The price steadily declined from the $1.44 range on March 21, sliding down to test critical horizontal support just below the $1.38 mark by March 23.
However, the RSI indicator at the bottom of the chart has formed a distinct sequence of higher lows while the price has formed a series of lower lows. The indicator has now climbed out of the oversold territory (the 20-30 range)
This discrepancy between the price of the Ripple-linked cryptocurrency and the momentum oscillator creates a classic bullish divergence
This might mean that the cryptocurrency’s underlying selling pressure is actually weakening
Strong retail demand
According to a recent market report from 10x Research, XRP is defying broader institutional trends by riding a wave of “strong retail demand” and expanding network utility.
Institutional money is heavily favoring other major Layer-1 networks. XRP ETFs, for instance, saw a meager $0.6 million in positive flows.
However, according to blockchain analytics firm Santiment, the XRP Ledger recently surpassed 5.6 million wallets holding under 100 XRP
It is also worth noting that XRP spot ETFs have performed relatively well overall
Total net assets across all providers sit just above the $1 billion threshold, representing approximately 1.14% of the total XRP market capitalization, SoSoValue data shows
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Consolidation Signals Reset as Bullish Setup Emerges
XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.
CryptoNewsLand7m ago
XRP Price Near $1.45 as ETF Inflows Build Pressure
Key Insights
Institutional XRP ETF inflows reached $41.6 million over four days, lifting assets under management above $1.08 billion and strengthening market confidence.
XRP faces strong resistance near $1.45, where CoinGlass data highlights a short max
CryptoNewsLand22m ago
Solana CPO Vibhu Buys $10K XRP to Demonstrate wXRP Potential as Liquidity Hits $1M in 24 Hours
Solana's Chief Product Officer bought $10,000 in XRP to showcase wXRP's utility, driving $1 million in liquidity within 24 hours. This highlights growing interoperability in DeFi and signals a shift in liquidity flows as ecosystems merge.
GateNews3h ago
XRP Community Split on CLARITY Act as Sell-the-News Skepticism Rises
While the CLARITY Act has garnered unprecedented institutional backing—including support from the White House, Coinbase CEO Brian Armstrong, and Senator Cynthia Lummis—the XRP community is divided on whether the legislative momentum represents a genuine catalyst or a "sell-the-news" trap. Reddit and
CryptoFrontier6h ago
GraniteShares Launches 3x Leveraged XRP ETF on April 23
GraniteShares plans to launch 3x leveraged XRP ETFs on April 23, 2026, offering investors exposure to XRP without direct ownership. The products will amplify daily price movements, enabling both long and short positions. This introduction aims to increase trading volume and market participation, building on existing demand for leveraged crypto derivatives. Market dynamics will be closely monitored post-launch.
CryptoFrontier7h ago
Crypto Expert Claims Altseason Peak Is Just Starting, XRP Could Lead With Explosive Gains
Crypto expert claims altseason peak is just starting.
The price of XRP could lead with explosive gains soon.
Several altcoin assets are showing steady bullish signals.
The crypto market has seen very slow growth in altcoin prices this bull cycle. While the price of Bitcoin (BTC), the
CryptoNewsLand7h ago
