Skip to content
DefiDraft

DefiDraft

Empowering the Future of Finance: Stay Ahead with our DeFi News

Categories

  • AI
  • Altcoin
  • Analytics
  • Bitcoin
  • Blockchain
  • Blogs
  • CHARTS
  • Crypto
  • Crypto News
  • DeFi News
  • Defipedia
  • Ehtereum
  • Finance
  • Fintech
  • Guest Post
  • Interview
  • Metaverse
  • Mining
  • News
  • NFT
  • Organic Post
  • Press Release
  • Review
  • Sponsored Post
  • Trading
  • Wallets
  • Web3
  • DeFi News
  • Analytics
  • Crypto
  • Press Release
  • Advertise
  • Home
  • Analytics
  • XRP Nears $1.50 Resistance as Bullish Momentum Grows
  • Analytics

XRP Nears $1.50 Resistance as Bullish Momentum Grows

Karla Barker April 28, 2026

XRP is trading around $1.42 as the broader crypto market finds its footing following weeks of macro-driven turbulence. With Bitcoin regaining some composure and risk appetite gradually returning to digital assets, Ripple’s token is showing early signs of building momentum. The question now is whether this is the beginning of a genuine breakout or simply another false dawn at the upper edge of a months-long descending channel.

Ripple Price Analysis: The USDT Pair

After spending the better part of Q1 2026 grinding sideways near the lows, XRP has quietly built a modest recovery setup. The asset is currently pressing against the upper boundary of the descending channel that has governed the price action since the October 2025 peak near $3.00, and for the first time in several months. The RSI has been hovering above 50, signaling that buyers are showing up with slightly more conviction than before.

The immediate overhead test is the channel’s upper boundary and the 100-day moving average, located around $1.50. Above that, the $1.80 zone is a wide supply band that served as support in late 2025 before flipping to resistance following the February breakdown. The 200-day MA is declining into that same area, adding structural weight to the resistance cluster.

A confirmed daily close above $1.80 would be the first meaningful technical break in this correction, opening the door toward the $2.40 supply zone where a heavier distribution band sits. On the downside, the trendline that price reclaimed in recent weeks and the February wick low at $1.20 remains the hard floor.

The BTC Pair

Against Bitcoin, XRP tells a different story. The pair is trading at 1,818 sats, sitting above the lower boundary of its own descending channel near 1,600 sats. While the USDT pair is challenging resistance from below, the BTC pair is declining, reflecting the fact that XRP has continued to underperform Bitcoin throughout this cycle’s corrective phase. The 100-day MA (~2,000 sats) and 200-day MA (~2,100 sats) both sit far above the current price and are still trending downward, with no sign of flattening.

The RSI on this pair hovers around 40, and there is no comparable bullish momentum building here to what is visible on the USDT chart. If the recent major low at 1,792 sats breaks on a closing basis, the next meaningful support lies at the 1,500 sats zone, with a deeper extension toward 1,200 sats possible.

On the other hand, a genuine recovery requires, at a minimum, a reclaim of the 2,000 sat level and the declining moving averages. Until XRP/BTC can clear that threshold, any dollar-denominated gains are more likely a product of Bitcoin strength lifting the broader market than XRP-specific outperformance.

Karla Barker

I have been writing about Cryptocurrencies and Blockchain technology since 2017. My work has been featured in major publications such as Forbes, CoinDesk, and Bitcoin Magazine. My mission is to educate the people about the potential of this transformative technology. When I’m not writing or teaching, I enjoy spending time with my husband and two young children.

Post Views: 6

Post navigation

Previous Study Finds 3.14% of Traders Drive Polymarket Accuracy
Next Aave Goes Live on Solana via Sunrise Bridge

Latest Post

Recent Posts

  • AxeCasino to Attend iGB L!VE 2026 Following Front-End Update Focused on Usability and Cross-Device Performance
  • 2026 Rankings of Free Cloud Mining Platforms: A Comprehensive Analysis of the Top 7 Popular Projects (A Full Comparison of Security and Returns)
  • Keonne Rodriguez Reflects on Two Years Since Samourai Raid
  • Bitcoin faces 48-hour macro test with Fed and key data
  • Aave Goes Live on Solana via Sunrise Bridge

About

Defidraft is the ultimate source for the latest news and analysis on the world of decentralized finance.

Connect with Us

  • Twitter
  • Instagram
  • Facebook
  • LinkedIn
  • Telegram

Chat with us: @Defidraftofficial

Recent Posts

  • AxeCasino to Attend iGB L!VE 2026 Following Front-End Update Focused on Usability and Cross-Device Performance
  • 2026 Rankings of Free Cloud Mining Platforms: A Comprehensive Analysis of the Top 7 Popular Projects (A Full Comparison of Security and Returns)
  • Keonne Rodriguez Reflects on Two Years Since Samourai Raid
  • Bitcoin faces 48-hour macro test with Fed and key data

TAGS

Binance Bitcoin blockchain Cardano Crypto cryptocurrency decentralized finance deFi DeFi Hack ethereum future of DeFi News Ripple SEC SHIB Shiba Inu technology Twitter US XRP

  • Our Partners
  • Contact Us
  • About Us
  • Term and Condition
  • Privacy Policy
Copyright © DefiDraft 2026 | DarkNews by AF themes.