Key Highlights
- XRP currently fluctuates in the $1.30–$1.33 range, representing a 60%+ decline from the July 2025 high of $3.65
- Total addresses on the XRP Ledger have climbed to a new all-time high of 8.1 million
- Wallets holding 1M+ XRP tokens are increasing for the first time since September 2025
- Critical resistance level identified at $1.35; breaking through could target $1.40
- April 2026 Senate vote on the CLARITY Act could serve as a major price driver
As of early April 2026, XRP is hovering in the $1.30–$1.33 zone, extending a downtrend that began after reaching $3.65 in July 2025. This prolonged slide has resulted in a price reduction exceeding 60% across approximately nine months.
While the token’s value has declined significantly, blockchain metrics from CryptoQuant reveal encouraging network expansion. The XRP Ledger (XRPL) now hosts 8,189,798 total addresses, reflecting a quarterly growth rate of 3.39% during Q1 2026.
Particularly noteworthy is the uptick in wallets containing more than 1 million XRP tokens. This marks the first sustained increase in these high-value addresses since September 2025, suggesting institutional players and wealthy investors are entering an accumulation phase.
Despite a softening of the $XRP price that began in July 2025 (shown in black), wallets continue to climb (shown in blue).
👉8.1M #XRP Ledger wallets as of April 4, 2026
Source: CryptoQuant pic.twitter.com/vSpOd94jg7— 🌸Eri ~ Carpe Diem (@sentosumosaba) April 5, 2026
Additional network developments include the expansion of automated market maker (AMM) pools to approximately 28,000 on the XRPL. Strategic partnerships have also strengthened, notably through integration with Mastercard’s payment infrastructure.
Technical analyst ChartNerd (@ChartNerdTA) published insights on X this week, highlighting that XRP remains confined within a descending channel pattern characterized by successive lower peaks and troughs. According to his assessment, the Relative Strength Index sits below the neutral threshold while trading volume lacks significant expansion—indicators of “a weak continuation” rather than healthy consolidation.
$XRP: Compression Leads to Expansion. pic.twitter.com/ItYrL71FxT
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) April 5, 2026
Technical Analysis and Critical Price Points
On the hourly timeframe, XRP successfully breached a bearish trendline positioned at $1.3085, subsequently advancing beyond the 50% Fibonacci retracement level calculated from the recent swing high of $1.3678 to the low of $1.2801.
Believe in something $XRP pic.twitter.com/HuJx6NBHXl
— Amonyx (@amonyx) April 5, 2026
The asset currently maintains its position above the $1.33 level and the 100-hour Simple Moving Average. Bullish momentum carried the price toward $1.3480, where it encountered notable selling pressure.
The immediate resistance barrier stands at $1.35. Successfully clearing this threshold could pave the way toward $1.40, with subsequent targets at $1.4120 and $1.4250. For downside scenarios, initial support appears at $1.3240, followed by $1.32, with a more substantial floor at $1.28.
Regulatory Development as Potential Price Driver
Market participants are closely monitoring the U.S. Senate’s upcoming deliberation on the CLARITY Act scheduled for April 2026. Should this legislation pass, it would establish XRP‘s formal classification as a digital commodity under U.S. regulatory framework.
Market observers believe this regulatory clarity could trigger a price recovery, potentially pushing XRP into the $1.65–$1.80 territory.
At the time of writing on April 6, 2026, XRP maintains trading activity above $1.33, though buyers continue facing challenges at the $1.35 resistance zone—a level that may prove decisive for the token’s next significant directional movement.
