XRP is currently trading at $1.40, reflecting a 1.2% gain over the last 24 hours, amidst a notable resurgence in institutional interest and a significant retail integration in Japan.
April has proven to be a robust month for XRP as spot exchange-traded funds (ETFs) reported inflows of $83.9 million, marking the strongest monthly performance since December 2025. This sharp increase stands in stark contrast to March’s outflows of $31.16 million, showcasing a renewed appetite for exposure to regulated XRP investment vehicles.
According to SoSoValue data, spot XRP ETFs have attracted inflows on 11 of the past 13 days, contributing $82.42 million to the total net inflows this month. Analyst Xfinancebull noted that while this uptick does not guarantee immediate price increases, “the bid for regulated $XRP exposure is still alive and building.” Further bolstering this trend, global XRP exchange-traded products reported an additional $25 million in inflows for the week ending last Friday, bringing total net inflows for the year to a staggering $148 million.
XRP Las Vegas 2026 Conference Generates Buzz
As the XRP community gears up for the upcoming Las Vegas 2026 conference, Ripple CEO Brad Garlinghouse sparked excitement by encouraging followers to “Lock in” with an image of the Las Vegas Sphere illuminated with the XRP logo. Scheduled for Thursday and Friday, the conference will delve into the XRP Ledger ecosystem and various cutting-edge applications.
Notably, Ripple has strategically placed large “Raise the Standard” billboards across the vibrant Las Vegas Strip, coinciding with the Bitcoin 2026 conference. Historical patterns suggest that such events can have mixed effects on XRP’s price; for instance, XRP experienced a 16% rise following the Swell 2025 conference, only to see a 30% decline in the subsequent ten days.
From a sentiment perspective, analytics firm Santiment has highlighted that XRP is currently enjoying its second-highest level of bullish sentiment on social media in two years, a surge partially attributed to recent Rakuten developments. However, Santiment cautioned that such enthusiasm does not typically lead to immediate price rallies, suggesting that the true impact of integrations like Rakuten’s may take time to materialize.
Exciting News for Rakuten Wallet Users
In a game-changing development, RippleX confirmed that Rakuten Wallet users in Japan can now convert their Rakuten Points directly into XRP. This integration allows users to trade the cryptocurrency within the app and spend it at over 5 million merchants through Rakuten Pay, effectively bringing XRP into the everyday purchases of millions.
This enhancement is expected to widen XRP’s reach and utility, making it a more appealing asset for users looking to leverage loyalty points as a new form of currency.
Technical Analysis: Levels to Watch
XRP has been trading within a symmetrical triangle for the better part of three months. A daily close above $1.45 could set the stage for an impressive upward move towards $2.15, equating to a potential 53% increase. However, the bulls must overcome some resistance levels, including the crucial 100-day exponential moving average (EMA) around $1.52 and the 200-day EMA at $1.75.
Currently, support is notably set at $1.40, a critical level reinforcing the 200-week and 20-day EMAs. If XRP were to close below the $1.38–$1.40 range, it could see a decline towards $1.12, with a broader target of $0.98 if the triangle pattern breaks down.
Investors and traders alike will be closely monitoring XRP’s performance in the coming days as the excitement surrounding both the Las Vegas conference and the Rakuten integration unfolds.
