Key Highlights
- XRP currently trades in the $1.30–$1.33 range, representing a decline exceeding 60% from its July 2025 all-time high of $3.65
- Total addresses on the XRP Ledger have reached a milestone of 8.1 million
- Addresses holding over 1 million XRP are increasing for the first time in seven months
- Critical resistance level established at $1.35; successful breakout could propel prices toward $1.40
- U.S. Senate scheduled to consider the CLARITY Act in April 2026, potentially serving as major price catalyst
As of early April 2026, XRP maintains a trading range near $1.30–$1.33, extending a sustained downtrend that began from its peak of $3.65 in July 2025. The digital asset has shed more than 60% of its value across approximately nine months.
While price action remains subdued, blockchain analytics from CryptoQuant reveal the XRP Ledger (XRPL) has expanded to 8,189,798 total addresses. This figure represents a 3.39% quarterly growth in Q1 2026 alone.
Notably, wallets classified as “millionaire addresses” — those containing more than 1 million XRP tokens — have started increasing for the first time since September 2025. Market observers interpret this trend as evidence that institutional-sized holders are accumulating during the downturn.
Automated market maker (AMM) liquidity pools on the XRPL have expanded to approximately 28,000. Meanwhile, the network continues strengthening strategic alliances, including a notable integration with Mastercard’s global payment infrastructure.
Technical analyst ChartNerd (@ChartNerdTA) published an assessment on X this week, identifying XRP’s movement within a descending channel pattern characterized by sequential lower highs and lower lows. The analysis highlighted that the Relative Strength Index remains below neutral territory while trading volume lacks significant expansion, describing the pattern as “a weak continuation” lacking consolidation characteristics.
Technical Analysis and Critical Price Zones
XRP recently surpassed a downward trend line positioned at $1.3085 on the 60-minute chart, subsequently advancing beyond the 50% Fibonacci retracement level of its recent price swing from $1.3678 to $1.2801.
The token currently maintains support above $1.33 and the 100-hour Simple Moving Average. Bullish momentum attempted to breach $1.3480 but encountered significant resistance at that threshold.
The primary resistance barrier stands at $1.35. A confirmed close above this level could unlock upward movement toward $1.40, followed by subsequent targets at $1.4120 and $1.4250. Conversely, downside support levels are identified at $1.3240, $1.32, and $1.28 respectively.
Legislative Development May Trigger Price Movement
The most significant upcoming event for April 2026 centers on the U.S. Senate’s expected deliberation of the CLARITY Act. Should the legislation pass, it would establish XRP as a digital commodity under federal classification.
Market analysts project this regulatory clarity could serve as a catalyst driving price appreciation into the $1.65–$1.80 range.
As of April 6, 2026, XRP maintains trading above $1.33, with buyers attempting to overcome the $1.35 resistance threshold that will likely determine the asset’s next directional trajectory.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
