Buyers have been quietly stepping in with lower prices every time the price of XRP falls – and this pattern is now attracting the attention of traders who are closely monitoring the token.
Sellers are losing their grip
XRP It has been oscillating between $1.37 and $1.45 for several days, stuck in a narrow range that has led to repeated rejections near the top. But every time the price declines, it remains at a lower level than before.
This slow rise from the bottom of the range is a classic sign of growing buying pressure. On the hourly chart, the price has been compressed to… Triangle formation — Structure that usually precedes a sharp move in one direction.
Based on reports of market analysts, this move could reach approximately 10%, which is the basis for the price Hack call Get attention now.
The question is whether buyers have enough strength to move forward. So far, they haven’t. Sellers have defended the $1.45 resistance level several times, and broader trend indicators continue to point lower.
triangle on $XRP The hourly chart indicates a 10% move is likely soon. pic.twitter.com/leCsnS4Zf1
– Ali Charts (@alicharts) April 24, 2026
The 50-day moving average is below the 200-day moving average — what traders call a death cross, indicating a larger downtrend. Trading volume has remained steady, with no significant spikes confirming that either side is gaining control.
Mixed signals on charts
Not all data is bearish. The moving average convergence-divergence indicator, commonly known as… MacdThe uptrend reversed in mid-April for the first time since January. This crossover is important because the last time this happened — in early January — XRP rose 25% to $2.40 over seven trading days.
Reports indicate that the MACD line remained below the signal line for most of 2026, and every previous attempt to turn it failed.
Whale activity has also increased. On-chain data shows that top holders accumulated 360 million XRP tokens over the course of one week in mid-April. Meanwhile, XRP exchange-traded funds withdrew $55 million during the week ending April 18 — the strongest weekly inflow of the year.
Cumulative ETF flows rose again to $1.27 billion, with Goldman Sachs retaining the largest institutional position among fund providers.
Adds legal clarity to the setting
Part of what makes this moment different from previous consolidation phases is the regulatory backdrop. On March 17, the US Securities and Exchange Commission and Commodity Futures Trading Commission officially classified XRP as a digital commodity rather than a security.
This ruling put an end to years of legal disputes that kept institutional money on the sidelines. Reports indicate that the rating marked a turning point for the token’s standing with major investors.
Featured image from Unsplash, chart from TradingView
