XRP is continuing to trade within a tight range as market participants monitor its next directional move.
The asset shows resilience despite an extended decline from its previous peak. On-chain data signals growing network activity alongside shifting investor behavior.
At the same time, regulatory developments in the United States remain a central focus for traders.
On-chain growth and whale accumulation support XRP price
XRP is trading between $1.30 and $1.33 as of early April 2026. This range reflects a prolonged downturn from its July 2025 peak of $3.65.
The decline marks a loss exceeding 60% over roughly nine months. Despite this drop, blockchain data indicates continued expansion across the XRP Ledger ecosystem.
CryptoQuant data is showing that the XRP Ledger reached 8,189,798 total addresses. This milestone represents a quarterly growth rate of 3.39% during the first quarter of 2026.
Analysts stated that this steady increase signals ongoing user adoption despite weaker price action.
The Wallets holding at least 1 million XRP tokens have started to rise again. This marks the first increase since September 2025.
Analysts interpret this trend as accumulation by large holders during the current price weakness.
Meanwhile, the XRP Ledger ecosystem continues to expand. Automated market maker pools have grown to nearly 28,000.
The network has also strengthened its reach through strategic collaborations. One key development includes integration with Mastercard’s payment infrastructure, which broadens its utility in financial systems.
Technical structure signals key resistance battle
Technical analysts report that XRP remains within a descending channel pattern. ChartNerd stated on X that the structure shows lower highs and lower lows.
He noted that the Relative Strength Index stays below neutral levels. He added that trading volume lacks expansion, describing the trend as a weak continuation.
Recent price action shows XRP breaking above a bearish trend line at $1.3085 on the one-hour chart.
The asset also moved past the 50% Fibonacci retracement level. This level comes from the swing between $1.3678 and $1.2801.
XRP now holds support above $1.33 and the 100-hour Simple Moving Average. Buyers attempted to push the price toward $1.3480. However, sellers rejected the move at that level.
The $1.35 level now stands as the primary resistance barrier. Analysts say a decisive close above this level could drive momentum higher.
Potential upside targets include $1.40, followed by $1.4120 and $1.4250.
On the downside, several support levels remain critical. Immediate support sits at $1.3240, followed by $1.32.
A stronger support base exists at $1.28, which could act as a key defense zone if selling pressure increases.
Regulatory outlook drives market expectations
Attention now shifts to upcoming regulatory developments in the United States. The US Senate is scheduled to review the CLARITY Act in April 2026.
This legislation could play a major role in shaping XRP’s classification.
Market analysts state that approval of the bill would classify XRP as a digital commodity. Such a designation could provide clearer regulatory guidance for the asset.
Analysts believe this clarity may improve market confidence and participation.
XRP price outlook
XRP price shows a bearish trend, consolidating near $1.33 after a prolonged decline from higher levels.
The MACD remains slightly negative, with weak momentum and no clear bullish crossover forming.
Meanwhile, the RSI sits around 43, indicating weak buying pressure and a market lacking strong direction.
