Key Highlights
- XRP holds a range between $1.30 and $1.33, representing more than a 60% retreat from its July 2025 high of $3.65
- Total addresses on the XRP Ledger have climbed to 8.1 million, establishing a new all-time high
- Wallets containing 1M+ XRP tokens show renewed growth following months of decline since September 2025
- Critical price barrier established at $1.35; successful breakout may propel movement toward $1.40
- Senate deliberation on the CLARITY Act scheduled for April 2026 represents potential market catalyst
XRP maintains a trading position around $1.30–$1.33 in early April 2026, extending a sustained downtrend that began from its July 2025 peak of $3.65. The decline encompasses approximately 60% of the token’s value across a nine-month period.
While price action remains subdued, blockchain metrics from CryptoQuant reveal the XRP Ledger (XRPL) has expanded to 8,189,798 total addresses. First quarter 2026 data indicates a 3.39% increase in network addresses.
Addresses classified as “millionaire wallets” — those containing more than 1 million XRP — have resumed upward movement for the first time since September 2025. Market observers interpret this development as evidence that major stakeholders are building positions.
Automated market maker (AMM) liquidity pools on the XRPL have expanded to approximately 28,000. Network development includes strategic collaborations, featuring integration with Mastercard’s payment infrastructure.
Technical analyst ChartNerd (@ChartNerdTA) published observations on X this week, identifying XRP’s movement within a descending channel characterized by sequential lower peaks and troughs. His assessment highlighted RSI positioning below neutral territory and minimal volume growth, describing the pattern as “a weak continuation” lacking consolidation characteristics.
Technical Analysis and Critical Price Zones
XRP advanced beyond a bearish trend boundary at $1.3085 on the hourly timeframe and surpassed the 50% Fibonacci retracement level derived from its recent oscillation between $1.3678 and $1.2801.
Current price action maintains position above $1.33 alongside the 100-hour Simple Moving Average. Buying pressure extended toward $1.3480 before encountering resistance at that threshold.
Primary resistance emerges at $1.35. A confirmed close above this level may establish momentum toward $1.40, followed by subsequent targets at $1.4120 and $1.4250. Support zones are positioned at $1.3240, with additional backing at $1.32 and $1.28 at lower levels.
Regulatory Developments May Drive Next Move
The primary focal point for April 2026 centers on U.S. Senate deliberation of the CLARITY Act. Legislative approval would formally establish XRP as a digital commodity under federal law.
Market analysts project this outcome could trigger price recovery into the $1.65–$1.80 range.
As of April 6, 2026, XRP maintains trading above $1.33, with buyers attempting to overcome the $1.35 resistance threshold that may dictate subsequent directional movement.
