XRP slips 4% as selling pressure builds despite ETF inflows

XRP slips 4% as selling pressure builds despite ETF inflows

Source: CoinDesk

Published:05:40 UTC

BTC Price:$71034.4

#XRP #Crypto #Bearish

Analysis

Price Impact

Med

Xrp experienced a 4% slip due to selling pressure exceeding modest etf inflows. while etf inflows are a positive signal, they were insufficient to counteract the dominant selling sentiment and resistance near $1.37-$1.38.

Trustworthiness

High

Price Direction

Bearish

The price is moving bearishly as evidenced by the slip from $1.37 to $1.33, breakdown accelerating after rejection near $1.38, high-volume selling, and failure to hold above $1.35. the ongoing trend remains weak with potential for further downside if support at $1.28 breaks.

Time Effect

Short

The immediate price action and analysis of current support/resistance levels indicate short-term effects. traders are watching immediate levels like $1.33 and $1.28, and the need to reclaim $1.35 and $1.38 for short-term momentum suggests a focus on the near future.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP slips 4% as selling pressure builds despite ETF inflows Elevated volume and modest institutional buying fail to support price, with sellers continuing to dominate near resistance. By Shaurya Malwa Apr 9, 2026, 5:40 a.m. Make preferred on What to know : XRP slid from about $1.37 to $1.33 as sellers used rallies to exit positions, signaling continued weakness despite modest ETF inflows. Rising trading volume alongside falling prices and repeated rejection near $1.37 to $1.38 indicate distribution, with XRP underperforming the broader market. Traders are watching support at $1.33 and especially $1.28 on the downside, while a move back above $1.35 and $1.38 is needed to improve short-term momentum. XRP dropped back toward $1.33 after failing to hold recent gains, with selling pressure still outweighing buying even as inflows turned slightly positive. The move suggests rallies are being used to exit positions, not build new ones, keeping the broader structure weak. News Background Ripple-linked products saw $3.32M in ETF inflows, marking a shift from March outflows but not enough to stabilize price. At the same time, exchange liquidity has thinned sharply, increasing the risk of sharper moves once key levels break. Price Action Summary XRP declined from $1.37 to $1.33, with the breakdown accelerating after rejection near $1.38. High-volume selling confirmed the move, with price failing to hold above $1.35 and forming lower highs into the close. Late-session volatility pushed XRP to $1.31 before a minor stabilization, but recovery attempts remained weak. Technical Analysis The key signal is rising volume alongside falling price, which points to distribution rather than accumulation. Repeated rejection near $1.37-$1.38 reinforces that supply remains heavy at those levels. XRP also underperformed the broader market, showing capital is rotating elsewhere rather than into the token. With price still below major moving averages and within a descending structure, the broader trend remains intact. What traders should watch $1.33 is immediate support, but the real level is $1.28 — a break there likely accelerates downside. On the upside, XRP needs to reclaim $1.35 and then $1.38 to shift short-term momentum. Until that happens, the setup remains one of weak bounces within a broader downtrend. More For You Encryption Supremacy: Zcash and Privacy in the Age of Scale By CoinDesk Research Mar 31, 2026 Commissioned by GenZcash Most crypto privacy models weaken as blockchain data grows. Encryption-based models like Zcash strengthen. CoinDesk Research maps the five privacy approaches and examines the widening gap. Why it matters : As blockchain adoption scales, the metadata available to machine learning models scales with it. Obfuscation-based privacy approaches are structurally degrading as a result. This report provides a comprehensive comparison of all five major crypto privacy architectures and a framework for evaluating which models remain durable as AI capabilities improve. View Full Report More For You Bitcoin's next big move hinges on oil, and right now it's a total coin flip By Omkar Godbole 17 minutes ago Analysts say a sustained 15%–16% decline in crude could revive Fed rate cut bets, sending BTC higher. What to know : Analysts say a sustained 15%–16% decline in crude could bring forward expectations for Federal Reserve rate cuts, potentially triggering a short squeeze that propels bitcoin toward $80,000. The outlook remains highly uncertain as renewed hostilities around the Strait of Hormuz threaten to send oil back above $100 a barrel, which... Read full story Latest Crypto News Bitcoin's next big move hinges on oil, and right now it's a total coin flip 17 minutes ago Bitcoin under $71,000, ETH, SOL, XRP drop as Iran ceasefire frays within 48 hours of being signed 1 hour ago Bitcoin gets its first working prototype of quantum-resistant wallet rescue tool 1 hour ago Morgan Stanley’s bitcoin ETF draws $34 million on day one 8 hours ago Michael Saylor says bitcoin has likely bottomed, quantum risk overblown 11 hours ago Yuga Labs settles Bored Ape NFT lawsuit, ending fight over alleged copycat tokens 12 hours ago Top Stories U.S. Treasury proposes demands that stablecoin firms be set to police bad transactions 13 hours ago Iran eyes crypto toll for oil tanker transits through Strait of Hormuz, according to FT 16 hours ago Bitcoin is above $70,000 on Iran ceasefire, but rally is turning cautious for good reasons 14 hours ago Adam Back denies he’s Satoshi Nakamoto after NYT report claims he’s Bitcoin’s creator 15 hours ago White House study bolsters crypto's stance in stablecoin yield fight against bankers 15 hours ago Attacking bitcoin mining with a quantum computer would require the energy of a star, academics say 23 hours ago