Key Takeaways

  • XRP maintains trading levels around $1.35, showing modest consecutive daily gains while facing persistent market headwinds.
  • Monday witnessed $2.3 million departing XRP ETF products, with total assets under management contracting to $944 million from January’s $1.65 billion peak.
  • Open Interest in XRP futures contracts declined to $2.45 billion, representing a significant contraction from July’s $10.94 billion high.
  • Technical analyst Ali Martinez anticipates XRP could experience an additional 30% decrease before establishing conditions for a 2026 recovery.
  • Ripple’s treasury management solution now features native cryptocurrency functionality, supporting both XRP and the RLUSD stablecoin.

XRP continues to hold ground near the $1.35 mark as of Wednesday, April 2. The digital asset has posted consecutive daily increases, though participation from both institutional and retail market segments remains subdued.

xrp price
XRP Price

Trading commenced at $1.34 with modest upward movement throughout the session. The token faces ongoing resistance from a declining trendline overhead, with bounce attempts consistently failing near the $1.43 threshold.

All three major Exponential Moving Averages—the 50-day, 100-day, and 200-day periods—remain positioned significantly above current trading levels. The MACD histogram displays bearish positioning beneath its signal line on the daily timeframe, while the Relative Strength Index hovers around 43, suggesting additional downward momentum without entering deeply oversold conditions.

Broader geopolitical tensions have contributed to market weakness. The prolonged conflict involving the US, Israel, and Iran, entering its second month, has created headwinds across cryptocurrency markets, with attempted rallies frequently losing momentum.

Market Data Reveals Declining Institutional Participation

Spot XRP exchange-traded products listed in the United States recorded $2.3 million in net withdrawals on Monday. Tuesday’s activity remained subdued with minimal flow movements. Aggregate inflows since launch have maintained their $1.21 billion level, though total net assets under management have contracted to approximately $944 million, down from the January 1 peak of $1.65 billion.

Source: SoSoValue

Futures Open Interest for XRP fell to $2.45 billion on Wednesday from $2.54 billion one day earlier. This represents a dramatic decline from the July record of $10.94 billion, which coincided with XRP touching its all-time high of $3.66. March 2026 represented the inaugural month showing negative net ETF flows since these investment vehicles launched in November 2025.

Technical analyst Ali Martinez shared a multi-timeframe chart analysis highlighting XRP’s potential ascending triangle formation. The horizontal resistance level sits near $3.32, and following rejection at this boundary, the token declined more than 55%.

Martinez explained: “Should XRP continue following this ascending triangle pattern, traders may find a short-term entry opportunity alongside a robust long-term bullish trajectory.” His analysis identifies the possibility of roughly 30% additional downside before establishing a foundation for meaningful reversal, highlighting a multi-year logarithmic support trend as a critical monitoring level.

Ripple Expands Treasury Platform With Native Crypto Capabilities

On the enterprise front, Ripple announced the integration of native blockchain functionality into its Ripple Treasury platform. The newly launched features, designated as Digital Asset Accounts and Unified Treasury, enable chief financial officers to monitor and control both traditional currency and cryptocurrency holdings, including XRP and the RLUSD stablecoin, through a consolidated interface.

Ripple CEO Brad Garlinghouse highlighted that the platform facilitated $13 trillion in payment transactions during the previous year, supporting clients ranging from small enterprises to Fortune 500 corporations. While this volume previously consisted entirely of traditional currency movements, the new integration aims to incorporate digital asset functionality.

The Digital Asset Accounts capability delivers real-time asset valuation, precision extending to 15 decimal places, and automated transaction documentation. Unified Treasury provides instantaneous visibility spanning all digital asset positions and cash holdings.

Several enterprise clients are currently participating in beta testing programs ahead of the worldwide platform rollout.