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XRP price may drop to $1.10 as profitable supply hits 17-month low, signaling bearish momentum.

Technical Signals
07 Apr 2026
Cointelegraph
View Source
Bearish
pluang ai news

XRP's profitable supply has fallen to 43%, the lowest since November 2024, indicating growing bearish momentum and potential for further price decline. Investors are realizing losses at up to $110 million daily, with selling pressure increasing. Technical analysis shows XRP breaking down from a rising wedge pattern, targeting a price near $1.10, about 16% below current levels. This suggests a continued downtrend unless bulls reclaim key resistance levels around $1.38.

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