Key Takeaways
- Ripple’s XRP has experienced six straight months of declining prices — a pattern not witnessed since 2014 — with values plummeting over 60% from the $3.65 peak.
- Price action shows XRP sliding from $1.37 down to $1.33, as market participants continue liquidating positions whenever rallies approach the $1.37–$1.38 barrier.
- Exchange-traded products connected to Ripple witnessed $3.32M in capital inflows, marking a reversal from prior month withdrawals, though insufficient to halt downward momentum.
- Large-holder addresses have been acquiring more than 11 million XRP tokens daily based on 30-day moving averages, per CryptoQuant analytics from April 6.
- Breaking the streak requires only a monthly settlement above $1.33, with the proposed CLARITY Act legislation and Bitcoin’s price recovery identified as possible tailwinds.
Ripple’s XRP has registered half a year of consecutive monthly declines, representing the longest sustained downturn for the digital asset since 2014. The token has surrendered more than 60% of its value from the cycle peak of $3.65 achieved last July. While traders witnessed a temporary advance toward $1.40, bearish forces have reasserted dominance and maintained downward pressure.
The downturn originated in October 2025 following Trump’s announcement of comprehensive 100% tariffs on Chinese goods, which sparked the most severe single-session cryptocurrency liquidation event on record. Approximately $19 billion in leveraged trading positions were eliminated within a 24-hour window. XRP tumbled from levels exceeding $2.80 to territory below $2.00 during the subsequent trading sessions.
Rebounds witnessed during November and December proved short-lived as exchange-traded fund withdrawals and weakening institutional sentiment undermined momentum. Subsequently, late February 2026 brought heightened Iran-related tensions and crude oil surging past $100 per barrel following the shutdown of the Strait of Hormuz shipping corridor.
The Federal Reserve’s reaction included elevating its inflation projections, prompting institutional capital to retreat from higher-risk asset classes. Positive XRP developments throughout 2026 — encompassing commodity designation prospects, ETF capital inflows, and Ripple corporate partnership revelations — proved inadequate against prevailing macroeconomic headwinds.
Distribution pressure from existing XRP holders compounded the decline. Approximately 60% of circulating tokens remain underwater based on purchase price. Whenever price action rebounded toward the $1.44 average acquisition cost, holders locked in losses to exit positions. This behavioral pattern manifested repeatedly across every bounce from November through March.
Distribution Pressure Dominates Near Critical Resistance Zone
Intraday hourly analysis reveals XRP retreating from $1.37 to $1.33, with accelerating downside momentum following rejection near the $1.38 threshold. Elevated trading volume validated the bearish movement. During the latter portion of the session, price briefly tested $1.31 before modest stabilization emerged, though recovery bids remained fragile.
A descending resistance trendline has established itself with overhead pressure at $1.3550. XRP continues trading beneath its 100-period Simple Moving Average on hourly timeframes. Increasing volume accompanying price deterioration suggests active distribution rather than strategic accumulation.
Ripple-associated exchange-traded products registered $3.32M in net inflows, contrasting with the capital flight observed during March. Nevertheless, available liquidity on trading platforms has contracted, amplifying the potential for volatile price swings should critical support zones fail. Immediate price floor rests at $1.33, with the pivotal level monitored at $1.28.
Large Holder Accumulation Reaches Ten-Month Peak
CryptoQuant blockchain analytics dated April 6 reveal whale accumulation hitting levels not witnessed in ten months. Substantial wallet addresses have been absorbing in excess of 11 million XRP tokens daily when measured across 30-day averages. Concurrent exchange outflows have intensified, diminishing readily available sell-side supply.
XRP commanded the highest ETF inflows among all cryptocurrency assets during the previous week with $120 million in fresh capital. Bitcoin has advanced beyond $71,000 while XRP currently trades above $1.35.
XRP concluded March at the $1.33 price point. A monthly closing value exceeding that threshold would terminate the six-month consecutive decline sequence. The CLARITY Act legislation, which would establish permanent digital commodity classification for XRP under federal regulatory framework, could advance if the Senate Banking Committee finalizes its markup proceedings during late April.
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