XRP Price on Key Support as Fear Softens Volume
Ripple’s XRP price has been hovering around $1.31 over the past 24 hours, down 0.28%, and over the last week, it has decreased by 1.78%. For some crypto investors, the tight price movements signal stability amid geopolitical instability, reducing investment appetite.
XRP’s story is one of powerful fundamental growth clashing with persistent technical weakness, all under the shadow of an upcoming regulatory milestone.
Based on the relative strength signal, technical traders set a target price range of $1.40 to $1.60 to account for persistent volatility and negative sentiment in the crypto market.
XRP has come under pressure since the U.S.-Iran war, reflecting broader market bearishness despite Ripple’s multiple wins. The token failed to breach its $1.60 resistance following a sharp rally.
Its downbeat moves revealed investor sentiment amid the broader market downturn, as fear dominated trading activity. XRP has a circulating supply totalling 61,405,531,717 coins, with a market capitalisation of $80,461,486,148.
In the last 24 hours, the spot trading volume for XRP has dropped to $251,062,273, while the futures trading volume reached $1,817,328,920, according to data from Coinglass.
During this period, approximately $730,749 in XRP futures positions were liquidated. The current open interest for XRP is $2,409,402,426, indicating that market leverage is still being adjusted.
The fear and greed index indicates extreme fear conditions in the crypto market, fuelling selloffs with top digital asset trading on a negative note on Saturday. XRP is trading flat at $1.31 with a sharp drop in trading volume as traders execute a classic ‘sell-the-news’ reaction to recent institutional and regulatory catalysts.
XRP’s network is hitting record highs while its price tests critical lows, creating a stark divergence. The XRP Ledger processed over 4.49 million transactions in a single day, a first in over two years.
Active addresses recently surpassed 200,000, and total wallets crossed 7.7 million, marking all-time highs for the 13-year-old network. This growth occurs despite XRP’s price being in a six-month downtrend.
This is a bullish signal for XRP’s long-term utility because it demonstrates robust, non-speculative use of the ledger for settlements and payments. However, the immediate price impact is neutral to bearish, indicating that investor sentiment remains detached from on-chain fundamentals.
Technical analysis notes XRP is in a six-month bearish streak on monthly charts. The lower Bollinger Band sits at $0.6161, indicating a potential 50% correction from the current level of about $1.32 if the $1.30 support breaks.
The U.S. SEC has scheduled a roundtable for April 16, 2026, to discuss the CLARITY Act. This legislation aims to resolve regulatory uncertainty over digital asset oversight and market structure in the United States.
This is a neutral but critically important development for XRP. It is neither immediately bullish nor bearish, but it establishes a near-term date for a discussion that could provide the regulatory clarity the asset has lacked for years, potentially reducing a major overhang on its valuation. Ripple Joins Singapore’s MAS to Advance Trade Finance with RLUSD
