XRP slipped roughly 4% on April 9, 2026, falling from around $1.37 to $1.33 as persistent selling pressure outweighed modest institutional inflows. Market data shows traders used short-term rallies to exit positions rather than build new ones, reinforcing signs of continued weakness in the asset’s short-term structure.
Ripple-linked investment products recorded $3.32 million in ETF inflows, marking a shift from outflows seen in March. However, the inflows were not strong enough to stabilize prices. At the same time, exchange liquidity has thinned noticeably, increasing the likelihood of sharper price swings if key technical levels are broken.
Technical Signals Point to Ongoing Distribution Phase
Recent price action indicates a distribution pattern, with XRP repeatedly failing to hold gains above resistance levels between $1.37 and $1.38. Rising trading volume alongside falling prices further confirmed strong selling activity. The decline accelerated after rejection near $1.38, with late-session volatility pushing the token briefly to $1.31 before minor stabilization.
Traders are closely monitoring immediate support at $1.33, with stronger downside risk emerging if price falls below the critical $1.28 level. On the upside, XRP must reclaim $1.35 and then break above $1.38 to restore positive short-term momentum and signal a potential shift in market sentiment.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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