{"id":79615,"date":"2026-04-07T06:48:17","date_gmt":"2026-04-07T06:48:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=79615"},"modified":"2026-04-07T06:48:17","modified_gmt":"2026-04-07T06:48:17","slug":"xrps-price-is-crashing-again-and-this-key-level-could-decide-everything","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=79615","title":{"rendered":"XRP\u2019s Price is Crashing Again and This Key Level Could Decide Everything"},"content":{"rendered":"
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XRP\u2019s price declined to around $1.31 on April 7th, down 2.5% over the past 24 hours. This brings its total losses for the past two weeks to 7.3% and close to 30% for the last year.<\/p>\n

The disappointing performance comes after what seemed to be a promising rally in the middle of March, when XRP shot up to almost $1.6, but the bulls failed to sustain momentum.<\/p>\n

\"XRPUSDT_2026-04-07_09-16-22\"<\/a>
Source: TradingView<\/figcaption><\/figure>\n

Analysts now offer multiple takes on the altcoin\u2019s current price action, but the consensus is that any positivity remains largely suppressed.<\/p>\n

The Support Level That Must Hold XRP\u2019s Price<\/h2>\n

Popular crypto analyst CRYPTOWZRD, who offers daily insights into XRP\u2019s price action, stated yesterday that the altcoin painted a dragonfly doji candlestick pattern, which indicated that further upside was possible if the intraday chart managed to hold above $1.32. Unfortunately, the daily XRP candle yesterday closed indecisively, and the price is now trading below $1.31, showing indecisiveness.<\/p>\n

According to the analyst:<\/p>\n

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A bullish move above its nearest resistance target will eventually start pushing XRP bullish. However, it might take some time considering Bitcoin Dominance\u2019s current price behavior. XRP is currently trading above $1.3. We need a further bollush move from this location towards the $1.55 resistance.\u201d<\/p>\n<\/blockquote>\n

Ultimately, he explained<\/a> that XRP\u2019s price is tightly correlated with BTC\u2019s and that if the latter declines below $64K, the former will decline toward the $1.07 support.<\/p>\n

\u00a0Sentiment Weakens<\/h2>\n

Data from Glassnode shows that the percentage of XRP supply in profit has declined to 43.4%, the lowest level since July 2024.<\/p>\n

\"HFORy2BXUAAG24D\"<\/a>
Source: Glassnode<\/figcaption><\/figure>\n

For reference, though, back in November, when the price was $2.15, 41.5% of the supply was in the red. The depressing price action is further supported by the fact that spot exchange-traded funds tracking its price continue to dig new lows, ending<\/a> March as the first month in the red.<\/p>\n

That said, it\u2019s not necessarily true that XRP\u2019s price is the best gauge for Ripple\u2019s overall performance as a company. The firm recently unveiled<\/a> two new product lines called Digital Asset Accounts and Unified Treasury within the Ripple Treasury platform, which now allow corporations to manage fiat and crypto side by side in a single system.<\/p>\n

Moreover, earlier in April, the rating agency KBRA assigned<\/a> a BBB issuer rating to Ripple Prime, a signal of significant credibility in the world of traditional finance.<\/p>\n

The post XRP\u2019s Price is Crashing Again and This Key Level Could Decide Everything<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

XRP\u2019s price declined to around $1.31 on April 7th, down 2.5% over the past 24 hours. This brings its total losses for the past two weeks to 7.3% and close to 30% for the last year. The disappointing performance comes after what seemed to be a promising rally in the middle of March, when XRP […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-79615","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/79615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79615"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/79615\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}