Key Takeaways
- XRP remains near the critical $1.40 support zone as bearish momentum strengthens on the 4-hour timeframe
- Technical analysis reveals a descending triangle formation alongside MACD bearish crossover
- The RSI indicator has declined to 40, signaling diminishing buyer strength
- Institutional demand persists with XRP ETF products recording $15.74M–$25M in weekly capital inflows
- Market analyst Ali Charts suggests XRP approaches a significant price movement, identifying $1.30 as a potential cycle low
XRP currently trades in proximity to $1.40 following an inability to sustain earlier weekly advances. The digital asset faces mounting pressure as selling forces have reasserted dominance while momentum signals have shifted negative.
Technical examination of the 4-hour timeframe reveals a developing descending triangle configuration. This chart pattern consists of progressively lower peaks converging on horizontal support. Such formations typically indicate increased downside probability should support fail to hold.
The MACD indicator has completed a bearish crossover beneath its signal line. Expanding red histogram bars demonstrate accelerating downward momentum. The RSI measurement has retreated to approximately 40, reflecting deteriorating buyer participation.
The $1.40 price zone has endured numerous retests during recent trading periods. Frequent support testing typically erodes its strength, elevating breakdown probability.
Should XRP breach the $1.40 threshold, subsequent support zones emerge at $1.38, followed by $1.36, with $1.34 representing a deeper target under persistent selling conditions.
Critical Resistance Zones Ahead
For upward movement, bullish forces must first recover the $1.43 level. A more substantial obstacle exists at $1.45, which aligns with the descending trendline structure. Successfully clearing $1.45 would establish a pathway toward $1.50.
Throughout the preceding 30-day window, Bitcoin and Ethereum have delivered returns of 17% and 16% respectively. XRP has produced merely 5% returns during this identical timeframe, demonstrating ongoing investor preference toward established digital assets.
Analyst Ali Charts published on X that “$XRP is ready for a big price move,” while refraining from specifying directional targets in the communication.
Market commentary highlighted that XRP’s weekly RSI measurement reached 30 during early March. Historical analysis shows that the three preceding occasions when RSI fell beneath 33 preceded rallies ranging from 226% to 1,460% in subsequent months.
Drawing from this historical behavior, FX Empire analysts conclude the cycle trough may already be established at $1.30. Their outlook identifies $1.50 as the immediate objective, with $1.65 representing the subsequent target.
Institutional Capital Continues Flowing Into XRP ETFs
XRP-focused exchange-traded products captured between $15.74 million and $25 million in capital during the previous week, with variations attributable to differing data providers. Cumulative year-to-date inflows for XRP ETFs have reached $148 million.
Bitcoin ETF products dominated cryptocurrency fund flows with $824 million in weekly additions, extending positive flows to four consecutive weeks. Ethereum exchange-traded products secured $155 million, whereas Solana-linked funds attracted $9.44 million.
The comprehensive crypto ETP marketplace recorded $1.2 billion in aggregate inflows throughout the previous week, per CoinShares reporting. The Crypto Fear and Greed Index presently registers 44, declining from a recent peak of 62.
The April 28 FOMC meeting draws considerable market attention. Consensus forecasts anticipate unchanged rates, with analysts projecting zero rate reductions throughout the remaining calendar year.
