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XRP hovers near $1.40 amid bearish signals and strong institutional ETF inflows.

Technical Signals
28 Apr 2026
Blockonomi
View Source
Neutral
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XRP is consolidating around the $1.40 level, facing bearish pressure indicated by a descending triangle pattern and a bearish MACD crossover. The RSI near 40 signals weakening buying momentum, while multiple support tests increase the risk of a breakdown below $1.40. However, institutional interest remains strong, with $15.74M to $25M flowing into XRP ETFs last week, suggesting continued confidence. Analysts note XRP may be poised for a significant price move, with a potential cycle bottom around $1.30 and upside targets at $1.50 and $1.65 if bullish momentum returns.

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