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XRP falls below 200-week average, signaling a potential 47% drop against Bitcoin.

Technical Signals
28 Apr 2026
UToday
View Source
Bearish
pluang ai news

XRP has dropped below its 200-week moving average against Bitcoin for the first time since November 2024, breaking a key support level at 0.00001824 BTC. This technical breach suggests a possible 47% decline back to 2024 price levels, despite positive developments like SEC recognition of XRP as a commodity and steady ETF inflows. The breakdown turns previous support into resistance, indicating XRP is losing value relative to Bitcoin amid strong institutional interest in Bitcoin ETFs. The outlook for XRP now focuses on finding new support levels below the breached average.

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