XRP is currently trading at $1.33, maintaining support near the $1.30 mark after a significant drop from $2.40 earlier this year. This price has been largely stable within the $1.30 to $1.50 range for several months, even as many altcoins have suffered losses and hit near all-time lows.
Despite its position still being over 60% below its all-time high, XRP remains under pressure by broader bearish market trends, consistently trading below the 50, 100, and 200-day moving averages—all of which continue to slope downward. Current technical indicators show the Relative Strength Index (RSI) hovering around 41, reflecting weak momentum, while the Moving Average Convergence Divergence (MACD) line is positioned just beneath the signal line near zero, indicating dwindling buying attempts.
However, on-chain data reveals a contrasting narrative. Analyst Darkfost has highlighted a substantial increase in XRP outflow transactions from Binance since late February, with peaks reaching up to 6,000 withdrawals on particular days. Notably, these transactions are concentrated in the 1,000 to 100,000 XRP range, indicating that mid-sized investors—retail and semi-institutional alike—are taking steps to move their coins into private wallets.
This trend of accumulating XRP suggests that investors are choosing to withdraw their coins from exchanges, which ultimately decreases the supply available for sale in the market. Such behavior is interpreted as a sign of accumulation rather than distribution, as these coins are disappearing from the trading environment.
The $1.25 to $1.30 support zone has been tested multiple times without breaking, indicating that buyers are actively absorbing sell pressure at these levels. This change in market behavior marks a significant shift from the previous freefall seen in XRP’s price.
Key Price Levels to Monitor
Investors should look closely at the strong resistance at $1.50, which has obstructed rally attempts since February. A breakout above this level could potentially signal the start of a recovery phase for XRP. Conversely, stronger resistance exists near $1.81, representing the upper boundary of the current descending channel.
If XRP were to fall below the $1.25 mark, it would expose the $1.00 area as the next critical support level that traders should watch.
If $XRP is following this ascending triangle, it could offer a short-term buying opportunity and a strong long-term uptrend. pic.twitter.com/q9RbslAUUU
— Ali Charts (@alicharts) March 31, 2026
Ali Charts recently noted that if XRP is indeed tracing an ascending triangle pattern, it could present a short-term buying opportunity alongside a stronger long-term uptrend.
As of April 1, 2026, XRP was last noted at $1.33, and market participants are keeping a keen eye on developing trends as they navigate this turbulent trading environment.
