Ripple (XRP) Market Update – April 29, 2026 Price: Trading in the 1.39 – 1.42 USD range, up 0.52% over the last 24 hours 1. Current Support and Resistance Levels The main resistance zone is between 1.60 and 1.75 USD. This area lines up with the 100-day exponential moving average at 1.52 USD, the 200-day exponential moving average at 1.75 USD, and the upper boundary of the descending channel. It is also where the Glassnode cost basis heat map shows 9.9 million XRP concentrated around 1.60 USD, creating a strong supply zone. Psychological resistance sits at 1.48 to 1.53 USD. The upper Bollinger Band is at 1.48 USD, the 100-day exponential moving average is at 1.53 USD, and a horizontal supply area sits here. A daily close above 1.48 USD opens 1.61 and 1.76 USD as targets. Intermediate resistance is found at 1.43 to 1.45 USD. The 50-day exponential moving average is at 1.41 USD and the descending trendline breakout level is at 1.43 USD. A strong close above this zone opens the path to 1.53 USD. Immediate support is in the 1.38 to 1.41 USD band. The 50-day exponential moving average is at 1.41 USD and the Bollinger middle band is at 1.40 USD. Price is currently testing just below this average. Strong support runs from 1.30 to 1.32 USD. The horizontal level at 1.30 USD, the SuperTrend indicator at 1.31 USD, and the lower Bollinger Band at 1.32 USD all intersect here. A close below 1.30 USD would weaken the structure. Critical support is between 1.13 and 1.20 USD. The next target of the Elliott Wave correction is 1.13 USD. On the 3-day chart, the 0.702 Fibonacci retracement shows liquidity concentration between 0.73 USD and 1.13 USD. Rule: As long as price stays above 1.41 USD, the structure is intact. A strong close above 1.45 USD opens the 1.53 – 1.60 USD range. A close below 1.30 USD increases the risk of 1.13 USD and 0.90 USD. 2. Structural View Using Fibonacci Levels Using the January 2026 high of 3.40 USD and the February 2026 low of 0.79 USD: The 23.6% retracement is at 1.38 USD. Price is currently searching for balance here. The 38.2% retracement is at 1.53 USD. It overlaps with the 100-day exponential moving average and acts as major resistance. The 50% retracement is at 1.76 USD. This is the channel upper boundary and the 200-day exponential moving average. The 61.8% retracement is at 2.00 USD. This is the first major target in a bullish scenario. The 76.4% retracement is at 2.41 USD. This is the long-term expansion area. In the short term, the 1.45 USD level coincides with the 0.236 retracement, and a breakout opens the way to 1.60 USD. On the daily chart, a close below 1.30 USD makes 1.13 USD at the 0.5 Fibonacci level the next target. 3. Market Sentiment: Compression and Accumulation XRP participants are currently positioned around three main themes: First, institutional inflows. Spot XRP ETFs have seen 1.44 billion USD in total inflows to date. April recorded 75 million USD in additional inflows. Total assets sit at 1.1 billion USD. Goldman Sachs and other institutions are increasing positions. Second, on-chain accumulation. Large wallets have collected an average of 11 million XRP daily over the past 30 days. Open interest has dropped from 10 billion USD to 2.57 billion USD. Leverage has been flushed out and speculation reduced. Exchange reserves saw 35 million XRP withdrawn in a single day. This signals a shift toward long-term custody. Third, retail indecision. RSI is in the 46–52 range, neutral. MACD is in negative territory but losing momentum slowly. ADX is at 8.55, showing weak trend strength. Price has been consolidating between 1.30 and 1.48 USD for 91 days. This compression is usually preparation for a sharp move. On May 1, 1 billion XRP from escrow will unlock. Ripple typically relocks the majority of these tokens, so the circulating increase is limited. The market appears to have priced this event in already. 4. Current News Flow and Catalysts Ripple is hosting an XRP conference in Las Vegas on April 30 – May 1. “RAISE THE STANDARD” billboards have been placed on the Resorts World building. This increases institutional visibility. Inflows into spot XRP ETFs have continued for five weeks. CoinShares data shows XRP products have shifted from outflows to inflows. Ripple’s custody solution for banks and the Aave integration are strengthening real-world use. While Western Union is launching a stablecoin on Solana, Ripple’s cross-border payment networks are also expanding. On the macro side: Goldman Sachs does not expect a rate cut until Q3. Bitcoin dominance is near 60%, and altcoins are seeing selective moves. XRP has been relatively strong during BTC pullbacks. 5. Technical Indicator Summary – April 29 RSI is between 47 and 54. It is not in overbought or oversold territory, showing neutral momentum. MACD histogram is in negative territory but approaching zero. On the 4-hour chart, there is an effort to cross above the signal line. The 20-day simple moving average is at 1.40 USD and the 50-day exponential moving average is at 1.41 USD. Price is compressed between these two averages. The 100-day exponential moving average is at 1.52 USD. This level coincides with the upper line of the descending channel. It is the first major resistance. The 200-day exponential moving average is at 1.75 USD. This is critical for long-term trend direction. A weekly close above it targets the 2.60 – 2.80 USD supply zone. Ichimoku: Price is below the Kijun at 1.39 USD. The lower boundary of the cloud around 1.67 USD acts as resistance. 6. Scenario Plan Bullish scenario: A strong break of the 1.45 – 1.48 USD band with volume targets 1.53 USD, then 1.61 USD and 1.76 USD. A weekly close above 1.60 USD opens the path to 2.00 USD. This requires continued ETF inflows and a smooth May 1 escrow unlock. Bearish scenario: A daily close below 1.38 USD tests 1.32 USD, 1.30 USD, and 1.13 USD. Losing 1.13 USD breaks the structure and increases the risk of 0.90 – 0.73 USD. Consolidation scenario: Continued sideways movement between 1.38 and 1.45 USD. The triangle formation has been running for 91 days. The breakout will be sharp. A close above 1.45 USD favors buyers, a close below 1.38 USD favors sellers. 7. Key Takeaways XRP is searching for balance around 1.41 USD. The 1.48 USD resistance has held for weeks. This level is both a technical and psychological barrier. Institutional inflows and exchange outflows support price. Leverage has been cleaned out and spot accumulation has increased. The market is experiencing a controlled compression between 1.30 and 1.48 USD. Liquidation data: There is heavy long liquidation risk below 1.30 USD. Above 1.48 USD, short covering could accelerate. Volatility is contracting. The triangle formation is nearing its apex. A breakout is close. 1.43 USD and 1.45 USD are the trigger levels. Holding above them opens the 1.53 – 1.60 USD range. Summary: XRP is in a decision zone between 1.38 and 1.45 USD. Holding above 1.41 USD keeps the target at 1.53 USD active. A close below 1.30 USD increases the risk of 1.13 USD. Market direction will be defined by a close above 1.45 USD or below 1.38 USD. The May 1 escrow unlock and the FOMC decision may act as catalysts for the breakout. #TechnicalAnalysis #xrp #GateSquare #CreatorCarnival #ContentMining

I've noticed an interesting trend that many are missing: stablecoins are gradually taking market share away from Ethereum. And it's not just a coincidence — it reflects deeper shifts in investor behavior. Currently, over 59% of Polymarket participants are betting that ETH will lose its second place by 2026, whereas at the beginning of the year, only 17% thought so. This is a serious signal. The data speaks for itself. Over the past five years, Ethereum has grown approximately 11.75%, reaching a market capitalization of $281.30 billion. It sounds impressive, but USDT has shown a growth of 622.5% in the same period, reaching $189.69 billion. XRP and USD Coin have also significantly outpaced ETH. This is no coincidence — it’s a reallocation of capital. Why is this ETH flippening happening? It’s simple: macroeconomic conditions are pushing investors toward conservative assets. When risk appetite declines, people seek liquidity and safety. Stablecoins — cryptographic dollars — become the ideal choice. They allow traders to quickly manage risks, perform arbitrage, and maintain flexibility. ETH, on the other hand, depends on the crypto cycle and investors’ willingness to take on price risk. The total stablecoin market volume has reached approximately $310 billion, with USDT controlling about 58% of this share. This is a huge concentration of liquidity in one place. When macroeconomic winds blow in favor of stablecoins — whether geopolitical tensions, Federal Reserve policy changes, or tariff wars — capital tends to flow where it feels safe. Institutional investors are also turning away from ETH. Assets under management in American spot Ethereum ETFs have fallen by about 65% — from $31.86 billion last October to $11.76 billion in March. This isn’t just a correction; it’s a structural shift in preferences. Technically, the situation looks tense. Ether is forming a bearish flag on shorter timeframes. If a breakout occurs, the target level could be around $1250. Of course, chart-based forecasts are always uncertain, but currently, technical and fundamental factors are aligned in the same direction. What is the essence of what’s happening? Ethereum remains a critically important infrastructure for DeFi and smart contracts. But when risk appetite weakens, that advantage ceases to be decisive. Stablecoins offer what the market needs right now: reliability, liquidity, and manageability. This ETH flippening reflects not the death of Ethereum, but a reassessment of which assets the market needs in the current environment. What’s next? Watch the flows into ETF products, the growth rates of stablecoins, and macroeconomic signals. If risk appetite returns, ETH could recover. But for now, there’s no sign of that. Investors need to understand that the ETH flippening is not just a price game — it’s a reflection of how the entire cryptocurrency market is reorienting. Those who understand this will be better prepared for the next moves.

Leading #AI #Claude Predicts the Price of XRP, #Bitcoin and #Ethereum by the end of May 2026 Anthropic's #Claude #AI has released May price targets for Bitcoin, Ethereum, and XRP. See the exact forecasts, key technical levels, and what FOMC means for #crypto this week. #Crypto $BTC $ETH