XRP is nearing a key technical level as analyst CasiTrades highlights price action moving into the final Wave E resistance of its current consolidation. With several critical levels now aligning, attention is on how XRP reacts at this zone, which could shape its next major move.
Ripple CTO Emeritus David Schwartz rejected claims that XRP is part of a secret US government plan, calling them conspiracy theories.
With XRP price having experienced a relief rally over the past two weeks, Finbold AI Agent – an advanced financial assistance leveraging AI modes – has predicted more gains by May 1, 2026.
David Schwartz, CTO Emeritus of Ripple, issued a direct rebuttal to popular conspiracy theories about "secret plans" by the U.S. government regarding XRP. The situation around XRP has been characterized since 2013 by large-scale theories claiming the token would become the world's reserve currency and connect all banks.
The quantity of XRP tokens accessible on digital currency trading platforms has experienced a significant contraction throughout the previous 14 months, propelled by consistent extraction activity from major stakeholders. Blockchain analytics reveal that tradable inventory distributed across 41 exchanges has contracted by over 3 billion tokens starting February 24, 2025, resulting in approximately 16 billion XRP remaining on platforms as of April 23.
XRP ETFs have shifted sharply after a shaky start to the year, and the change is evident in both flows and the market. Following a troubling first quarter, funds have recorded strong, sustained inflows that helped push the altcoin above the $1.40 level.
Ripple digital asset custody expansion targets banks, insurers, and tokenized asset platforms
XRP price started a recovery wave above $1.420 and $1.4250. The price is now consolidating and might aim for a fresh move if it clears $1.4450.
Leading cryptocurrencies retreated alongside stocks on Thursday, amid lingering uncertainty over the Iran conflict. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m.
XRP is beginning to show early technical signs of a potential recovery, as a short-term moving average crossover develops on the daily chart. This often-overlooked indicator can signal a shift in short-term momentum when supported by price action.
The cryptography securing cryptocurrencies like XRP was always treated as an impenetrable wall. However, quantum computing is now making that wall look thinner than previously assumed.