Ripple’s native token (XRP) traded at $1.41 at press time, with 24-hour trading volume at $1.67 billion, based on crypto.news data.
The token gained 1.70% over the past day, while it remained down 0.30% over the past week.
The move came after XRP briefly reclaimed the $1.40 level during early Asia trading. The push followed a rise in market volume, showing stronger activity as traders watched whether buyers could defend the breakout zone.
XRP has traded inside a narrow $1.35 to $1.45 range in recent sessions. The latest move pushed the token above the lower end of that band, placing attention back on short-term resistance.
Market watchers are now tracking the $1.41 to $1.42 area. A clean move above that zone may support another test of $1.45. However, a drop below $1.40 would likely show that the latest breakout attempt has failed.
Analysts point to wider XRP chart structure
Crypto analyst EGRAG CRYPTO said XRP is forming a macro diamond pattern on the monthly chart. The analyst said the setup is tied to both price and time, with $1.50 marked as the key trigger zone.
According to the analyst, a break and close above $1.50 may open a move toward $2.20. EGRAG wrote, “This is NOT a random structure,” while adding that “a major move is loading.” The analyst also listed future time windows in April 2027 and April 2028.
Another analyst, CW, said XRP’s Heikin Ashi green candle has held for four straight weeks. The analyst said the trend has shifted bullish, although traders still need confirmation from price action.
ChartNerd also pointed to a broader XRP setup. The analyst said the 3-month Gaussian Channel continues to show rising cycle lows, with the latest floor near $0.77.
However, ChartNerd also questioned whether current momentum signals “healthy consolidation” or “early warning signs of a deeper correction sometime in 2026.”
XRP ETF flows slow after three weeks of buying
XRP ETF flows also moved into focus after recent buying slowed. According to SoSoValue data, about $35,210 exited XRP ETFs in the week ending May 1.
That outflow ended a three-week buying run. XRP ETFs attracted $82.88 million across the prior three weeks, while the week of April 17 brought $55.39 million in net inflows.
Cumulative net inflows now stand at $1.29 billion. However, weekly net assets slipped to $1.06 billion, showing a softer short-term flow trend.
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