- XRP price is gradually heading towards the apex of triangle pattern in daily chart, signaling an imminent breakout in near-term.
- The XRP Ledger recorded a 34.94 million token outflow from exchanges within a 24-hour window
- The momentum indicators RSI (Relative Strength Index) bound to 56% indicate a steady buildup of bullish momentum in its current sideways trendline.
XRP, the fourth largest cryptocurrency by market cap, showcased a low volatility sideways trendline on Friday, to currently exchange hands at $1.43. With an insignificant gain of 0.05%, the XRP price movement aligns with broader cautious sentiment of the market as Bitcoin wavers around $78,000. Despite the sluggish price action, the underlying demand for the Ripple cryptocurrency is steadily rising, evidenced by notable exchange outflows and a significant inflow of its exchange-traded products.
XRP Underperforms Despite ETF Expansion and Rising Institutional Interest
In April 2026, a cryptocurrency market witnessed notable recovery as the Read Entire Article
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