XRP News Today: XRP May Be Forming a Base as Accumulation Builds Below $1.50

XRP Eyes Upside Movement as Support Holds and Outflows Tighten Supply
XRP News Today: XRP May Be Forming a Base as Accumulation Builds Below $1.50
Written By:
Kelvin Munene
Reviewed By:
Manisha Sharma
Published on

XRP is trading near $1.34 at the start of April 2026, while price action stays range-bound. The token is holding above short-term support near $1.30, but breakouts above $1.50 resistance are still failing to hold. Consequently, XRP is compressed between firm support and nearby resistance, with the next breakout still waiting for confirmation.

XRP Trades Near $1.35 as Price Stays Within Key Range

XRP is holding near $1.35 after gaining about 2.8% over the last 24 hours. In addition, market data show a 24-hour volume of nearly $1.97 billion and a market capitalization of nearly $82.99 billion. The latest chart also shows XRP rebounding from around $1.31 and returning to the middle of its recent range.

The weekly chart indicates broader pressure is still in place. XRP is down about 5.7% over the past seven days, and recent rallies have failed to materialize into a stronger breakout. At the same time, price action shows that XRP is below a recent weekly high near $1.42, which keeps resistance in focus.

Over the last month, XRP has stayed within a broad $1.30 to $1.60 range. More recently, trading has narrowed closer to the $1.30 to $1.42 area. However, the token is showing signs of stabilization, but it is still trading inside a range rather than a breakout trend.

Analysts Point to Support and Momentum Near $1.30

According to analysts, XRP is showing early signs of recovery near the $1.35 zone. Notably, pointing to firm buyer support around $1.30 and improving momentum indicators. The RSI is rebounding from oversold territory, while the MACD is approaching a bullish crossover.

Analyst Dark Defender highlighted XRP’s tightening chart structure and said the consolidation phase may be nearing its end. A tighter range usually comes before a stronger directional move. The setup is drawing more attention as the range continues to compress near support.

XRP price has also spent eight straight weeks near its 200-week EMA. Traders track this level as a long-term support area. Holding above it keeps the recovery case intact and shows that buyers are still absorbing selling pressure near an important chart level.

Also Read: CLARITY Act Could Unlock a New Phase of XRP Adoption

Binance Outflows and Chart Signals Shape XRP Outlook

Analyst Darkfost also pointed to a rise in XRP outflow transactions on Binance and said the pattern aligns with gradual accumulation. His on-chain breakdown gives this signal a clearer form. Since the end of February, Binance has recorded multiple days with more than 4,000 outflow transactions, while single-day peaks have approached 6,000.

Darkfost also highlighted activity in the 1,000 to 100,000 XRP range, which suggests mid-sized investors are moving coins off exchanges and into private wallets. This trend reduces the amount of supply available for immediate selling. 

He also noted that XRP has held a defined range during a volatile period for altcoins, with more than 40% of assets in the broader altcoin market reaching or approaching all-time lows. Even so, XRP is still trading more than 60% below its all-time high, leaving the broader recovery case dependent on a confirmed move above resistance.

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