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XRP holds steady near $1.38 as SEC approval of trust shares sparks hopes for institutional inflows.

Market News
28 Apr 2026
Tokenpost
View Source
Bullish
pluang ai news

XRP is trading in a tight range around $1.38 despite increased volume and optimism following the SEC's approval of XRP-linked commodity trust shares. This regulatory move is seen as a step toward greater institutional access, potentially boosting demand and pushing XRP toward $2. However, retail sentiment is weak, and network activity shows signs of slowing, making the near-term direction uncertain. Key levels to watch are support at $1.36 and resistance at $1.44, with a breakout or breakdown likely to depend on volume and broader crypto market sentiment.

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