XRP Price Climbs as Profit-Taking Slows
Ripple (XRP) gained 2% over 24 hours, trading at $1.41 as profit-taking by retail investors eased on Monday, according to crypto market trading data.
XRP is navigating a clash between improving regulatory fundamentals and deteriorating short-term market structure, with macro fears amplifying the sell-off.
The altcoin gain closely tracked Bitcoin’s 2.74% rise over the same period, indicating the move was driven by broader market sentiment rather than a coin-specific catalyst.
The total crypto market cap rose 2.31%, suggesting a risk-on bounce from recent fear levels.
XRP’s price action remains heavily influenced by Bitcoin and overall market flows, not independent fundamentals. The price increase lacks a fundamental anchor, making it vulnerable to a reversal if market support fades.
Technically, XRP faces immediate resistance at the 50% Fibonacci retracement level of $1.44. Its 200-day moving average at $2.11 looms far above, confirming the long-term downtrend.
The key near-term trigger is regulatory clarity, with the CLARITY Act having a potential 90% chance of passage by late April 2026. The path of least resistance remains sideways to slightly higher, contingent on holding $1.34. A daily close above $1.45 on high volume to signal a stronger rebound attempt.
XRP’s price is caught between geopolitical tensions and a key regulatory nod, creating a volatile but potentially pivotal moment.
XRP dropped to $1.38, mirroring a broader crypto sell-off triggered by escalating US-Iran tensions. Analyst Dom Kwok linked the decline to President Trump’s ultimatum over the Strait of Hormuz, stating, “markets don’t like uncertainty.”
This event underscores how macro risks can swiftly impact digital asset prices. In a significant document, the SEC categorised XRP as a digital asset that is not a security, aligning it with Bitcoin and Ethereum. While not a final rule, this signals a potential resolution to the long-running legal dispute and reduces a major compliance barrier for U.S. institutions.
This is bullish for XRP’s long-term trajectory because it provides much-needed regulatory clarity, which could unlock deeper institutional liquidity and foster new investment products.
XRP broke below the key $1.40 support level, entering a volatile range between $1.36 and $1.42. The formation of lower highs indicates sustained selling pressure, with the $1.40–$1.41 zone now acting as resistance.
Institutional ETF inflows remain modest at around $636,000 last week. This is bearish for the near-term price action as it confirms a distribution phase dominated by sellers. A hold above $1.36 is crucial to prevent a slide toward $1.30–$1.32.
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