XRP Metrics Muted in Quiet Holiday Trading: Price Levels to Watch Now

XRP Metrics Muted in Quiet Holiday Trading: Price Levels to Watch Now

Source: UToday

Published:14:19 UTC

BTC Price:$66867.9

#XRP #Crypto #Trading

Analysis

Price Impact

Med

The article discusses muted trading volumes and price levels for xrp, indicating a lack of strong market conviction. while not a direct price-moving event, the analysis of support and resistance levels and the upcoming pce data suggest potential volatility.

Trustworthiness

Med

Price Direction

Neutral

The article presents both bullish and bearish scenarios. bears are aiming to push xrp below $1.27, potentially to $1.11 or $1. bulls aim to push past moving averages towards $1.60 and $2. the upcoming pce data will be a key determinant.

Time Effect

Short

The immediate price action is influenced by holiday trading slowdown and upcoming us inflation data (pce) on april 9, which is a short-term catalyst.

Original Article:

Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The crypto market is seeing a slowdown in holiday weekend trade, with XRP metrics remaining muted. Advertisement At the time of writing, XRP was down 1.14% in the last 24 hours to $1.29 and down 3% weekly. XRP volumes remain muted across the spot and derivatives market. On spot exchanges, XRP trading volume is just up 8.51% in the last 24 hours to $1.04 billion, an increase from the past day when volumes fell. HOT Stories XRP Hits 8.1 Million Wallets Milestone Amid Price Slump, Shiba Inu (SHIB) Allegedly Suffered North Korea Hackers Impact, 13-Year Bitcoin on the Move — Morning Crypto Report Saylor Says Bitcoin Four-Year Cycle Is Officially Dead In the derivatives market, XRP's volume was down 0.10% to $1.73 billion. Open interest, which refers to the total number of unsettled positions, barely rose, just up 1.26% in the last 24 hours to $2.42 bilion. Advertisement You Might Also Like Sun, 04/05/2026 - 07:54 XRP Drops Down Market Cap Rankings By Alex Dovbnya The slowdown is not far from what could be expected during the holiday period often marked by thin liquidity. After weeks of lackluster price action in the market, traders continue to show defensive positioning while awaiting the next major catalyst. Price levels to watch XRP is entering its fourth day of drop from April 2. The price turned down from $1.36 on Thursday, and bears are striving to pull XRP below the $1.27 support. Advertisement You Might Also Like Sun, 04/05/2026 - 09:56 XRP to $1.60? April Reveals Interesting Trend By Tomiwabold Olajide If they manage to do that, XRP may drop to the Feb. 6 low of $1.11. This remains a crucial support for buyers to maintain, as a close below it may extend XRP's price drop to the support line of a descending channel pattern, which is around $1. On the other hand, bears might not be able to pull this feat as bulls might be more likely to put up a defense. In other plans, they will attempt to push XRP's price above the moving averages, especially above the daily MA 50 at $1.39, clearing the path for a recovery to the $1.60 level and then to $2. The market sentiment will be watched with respect to economic data. The broader test comes with U.S. inflation data on April 9. Wall Street will get the core personal consumption expenditures (PCE) data on Thursday morning. The PCE is regarded as the Federal Reserve's preferred inflation gauge. If March core PCE surpasses February’s 3.1%, rate-cut expectations might decrease, strengthening the bearish case in the market. #XRP News #XRP