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XRP faces key resistance near $1.53 amid bullish setup and heavy sell pressure from large holders.

Technical Signals
28 Apr 2026
Coinpaper
View Source
Neutral
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XRP is showing a strong bullish chart pattern with a potential breakout target around $1.77, supported by moving averages and a possible golden cross. However, heavy sell pressure looms as about 1.16 billion XRP is clustered near $1.45-$1.46, creating a significant resistance zone. A decisive move above $1.53 could confirm a sustained rally, while falling below $1.39 may shift momentum to sellers. Institutional interest is rising, adding complexity to XRP's near-term direction.

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