XRP Price: Institutions Exit as ETF Outflows and Weak On-Chain Data Pile Up – What’s Next?

TLDR

• XRP broke below $1.31 support, falling to a low of $1.2801 with a 4% drop in 24 hours
• Active addresses on the XRP Ledger fell 42% to ~18,000 on Wednesday
• XRP ETFs recorded $1.32 million in outflows on Wednesday, following $2.3 million on Monday
• Analyst CasiTrades warns of a potential drop to the $1.05–$1.09 range
• Negative funding rates and rising open interest suggest bearish momentum continues

XRP is trading near $1.30 after breaking below the $1.31 support level on April 3, 2026. The token dropped to a low of $1.2801, marking a 4% decline in 24 hours, according to CoinMarketCap data. Trading volume rose over 23% during the selloff, pointing to strong participation in the breakdown.

XRP’s attempt to recover earlier in the week stalled near $1.37 on Monday. Since then, price has steadily declined, falling below several short-term support levels.

The token is currently trading below the 20-day, 50-day, and 200-day exponential moving averages (EMAs). The 50-day EMA sits near $1.44, while the 200-day EMA is near $1.89 — both well above the current price.

The MACD indicator is below its signal line and in negative territory. The RSI is near 38, below the neutral 50 mark, reflecting weak momentum without reaching oversold levels.

On-Chain Activity Drops Sharply

Active addresses on the XRP Ledger fell by roughly 42% to around 18,000 on Wednesday, down from nearly 32,000 on Tuesday. CryptoQuant data shows that address activity has remained low since early February, with only a few isolated spikes.

Lower user activity generally reduces buying pressure and weakens price momentum.

ETF Outflows Add Pressure

XRP ETFs recorded outflows of $1.32 million on Wednesday. That followed $2.3 million in outflows on Monday, according to SoSoValue data. Tuesday saw muted activity.

These consecutive outflows suggest institutional interest in XRP is fading in the short term.

Analyst CasiTrades flagged the break of $1.31 as a key bearish signal. She projects a move toward the $1.05–$1.09 range, with a possible secondary drop to $0.87, which she describes as the last major support in a macro retracement zone.

CoinGlass data shows heavy liquidity clusters in the $0.90–$1.10 range, which can act as price magnets during sharp declines.

Funding rates on XRP futures turned negative at -0.0087%, indicating traders are leaning short. Open interest rose over 1.3%, and futures volume expanded to nearly $3.34 billion. Spot volume remains lower, suggesting leveraged capital is driving current price action.

Key resistance levels to watch are $1.3240 and $1.3340. A close above $1.3340 could open the door to $1.35 and $1.3650. On the downside, $1.2880 and $1.2750 are the next key support zones.

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