- XRP loses mid-April momentum and falls back to key support near $1.37
- XRP/BTC pair shows continued weakness with risk of breakdown below 1,800 sats
- Market enters a wait-and-see phase as key support and resistance levels tighten
XRP is wrapping up April in a… softer position than many expected. Sitting around $1.37, the token has quietly given back the momentum it built earlier in the month. Not long ago, the RSI setup had traders leaning bullish, watching for a breakout from the channel. That didn’t happen.
Instead, price tapped near the upper boundary, got rejected, and drifted back down. Pretty clean rejection too, no real fight there. And now, heading into May, the chart feels reset, like all that earlier optimism just faded out.
USDT Pair Slips Back Into Familiar Territory
On the XRP/USDT chart, what once looked like a possible breakout has turned into something else entirely. Price couldn’t hold above the channel ceiling, and more importantly, it failed to close above the 100-day moving average.
That level, around $1.50, acted like a ceiling again. From there, XRP slid back down, losing ground and settling near $1.37. The RSI followed along, dropping below 50 and sitting in that awkward middle zone where direction isn’t clear.
Above, resistance is still stacked. The 100-day MA near $1.50 and the 200-day MA closer to $1.80 continue to define the upside limits. On the downside, $1.20 remains the key floor. If that level breaks… things could get a bit messy, with $1 coming back into the picture.
XRP/BTC Pair Shows Even More Weakness
Against Bitcoin, the situation looks worse. XRP/BTC has been sliding steadily, now sitting around 1,800 sats. That’s right on a key support level, and not far from the lower boundary of its descending channel.
Momentum isn’t helping here either. RSI on this pair has dipped below 40, which is one of the weaker readings seen in weeks. Unlike the USDT pair, which at least tried to stabilize, the BTC pair hasn’t shown much of a bounce at all.
It’s just been… drifting lower.
Support Levels Are Starting to Look Fragile
This is where things get a bit more serious. If XRP/BTC closes below that 1,800 sats level, it would likely confirm a breakdown from the channel. That opens the door toward 1,600 sats, and possibly even 1,500 if selling pressure picks up.
Meanwhile, resistance levels remain far above. The 100-day MA around 2,000 sats and the 200-day near 2,100 are both trending down, which doesn’t help the recovery case. For XRP to really turn things around against Bitcoin, it would need to reclaim those levels, and right now, there’s no strong sign of that happening.
A Market That Needs a Reset
So overall, XRP feels like it’s back in a waiting phase. The breakout didn’t come, momentum cooled, and now price is sitting closer to support than resistance.
It’s not a full breakdown yet, but it’s definitely not strong either. The next few sessions, especially around those key support levels, will probably decide where things go next.
For now, though… it’s a bit quiet. And maybe that’s the point.
