As of 4/24, XRP is fluctuating around $1.42. The 8-hour chart shows a hidden bearish divergence and a head and shoulders top, with a theoretical downside of approximately 18.81%. Key support is in the $1.30–$1.34 range; if broken, it will trigger a deeper correction. Meanwhile, spot ETF inflows have continued for nearly two weeks, with institutional buying delaying the decline. The market shows divergence: technical indicators point to a collapse, while capital inflows support hedging and a potential rebound, with $1.30 serving as the subsequent test anchor.

David Schwartz, CTO Emeritus of Ripple, issued a direct rebuttal to popular conspiracy theories about "secret plans" by the U.S. government regarding XRP. The situation around XRP has been characterized since 2013 by large-scale theories claiming the token would become the world's reserve currency a