XRP price trades at $1.33 on April 6, up 3% over the past 24 hours, but sitting inside a developing head and shoulders pattern on the daily chart. The right shoulder is forming, and any rally from here needs to push through a 1.24 billion token supply wall overhead.
XRP traded sideways on Sunday after a volatile week in the broader crypto market, as holders digested mixed analyst signals.
XRP is showing a divergence between network growth and market performance, with the asset's total addresses hitting new milestones amid subdued price movement.
XRP (CRYPTO: XRP) is up 5% over the past 24 hours as Ripple executives arrived in Japan for the XRP Tokyo 2026 conference on April 7, focusing on institutional adoption, RWA tokenization, and DeFi expansion. The Japan Conference XRPL Japan is hosting XRP Tokyo 2026 with several Ripple executives including Christina Chan, Tatsuya Kohrogi, and Markus Infanger set to speak.
XRP rebounded Monday after a $200M short squeeze, but tightening Bollinger Bands point to fading volatility and more consolidation than breakout.
Bitcoin is up 4% on Monday, attempting to reclaim $70,000 amid hopes of potential U.S.-Iran ceasefire. Bitcoin ETFs saw $8.99 million in net inflows on Friday, while Ethereum ETFs reported $71.2 million in net inflows.
XRP price opened on April 6 on a bullish note as its leveraged markets surged by more than 5% in 24 hours.
XRP price trades near $1.339 as open interest rose to $951 million, with resistance at $1.34 to $1.35 and support at $1.28.
Tomorrow, Tokyo becomes extremely important for Ripple and XRP going forward. XRP Tokyo 2026 takes place on April 7 at Happo-en – a 400-year-old Japanese garden – bringing together 3,000+ attendees, 20+ speakers, and the senior leadership of Ripple for Asia's largest conference dedicated exclusively to XRP and the XRP Ledger.
Cases of low XRP liquidity have been followed by major price moves in one direction or the other; the question is, which way will it go now?
Story Highlight XRP price holds near $1.30 despite a 60% drop from 2025 highs XRPL activity rises with payments hitting 2.7M and AMM pools at 27K Bollinger Band squeeze points to a strong move ahead XRP price is stabilizing after months of downside, but the structure suggests this phase may not last long.