- XRP up by 1.92% in 24 hours and 16.12% weekly, trading above its 50-day MA, indicating a short term rebound after March weakness.
- RSI at 51.07 and MACD crossover into positive territory indicate growing bullish momentum and buyer interest.
- Daily activity remains low, but steady holder growth and rising open interest suggest underlying investor confidence.
On April 15, XRP was trading at $2.17, a 1.92% daily gain despite declining 8.22% over the past month. The asset has had a 16.12% rise over the past week, showing signs of a short term rebound. XRP’s market cap is at $126.32 billion with a 1.97% increase, while daily trading volume dropped sharply by 31.10% to $3.02 billion.
The fully diluted valuation (FDV) held at $216.53 billion, with the circulating supply at 58.33 billion XRP from a total of nearly 100 billion. Market data shows increased price movement, but recent volume trends remain subdued.
Technical Levels Show Rebound From March Decline
XRP had a high of $2.11 and $2.18 on April 15, with the price at $2.17 by press time. This came after opening at $2.12, indicating moderate buying interest.
The price is above the 50 day moving average of $2.01, yet still below the 200 day moving average of $2.30. This position puts XRP in a neutral zone, with possible short term upward movement depending on sustained momentum.
The asset has been consolidating between $2.10 and $2.20, following a drop from December 2024 highs above $3.00. Volume is at 45.76 million, suggesting moderate market activity. While prices have risen, the narrowing range indicates a cautious market outlook.
RSI and MACD Indicate Growing Momentum
The RSI is at 51.07, moving above the previous signal line of 42.60. Notably, this shift above the neutral 50 level shows strengthening buying pressure. The RSI is below overbought levels, suggesting potential for further price movement.
The MACD line, at 0.0269, now is above the signal line at −0.0524, with a green histogram emerging. This MACD crossover into positive territory shows the return of bullish control after prolonged weakness through February and March. The alignment of RSI and MACD points to momentum building in favor of buyers.
Daily Activity Remains Weak
Despite the recent price recovery, on-chain data shows limited user engagement. Daily active addresses have declined significantly since the surge in late 2024, now near 1.2 billion.
However, open interest has risen recently, with March 2025 seeing peaks that coincided with higher volatility. Holder data, meanwhile, shows a steady rise. The total number of holders has grown to approximately 19.7K.
This shows continued investor activity despite fluctuating prices and declining daily activity. The price recovery and on chain divergence suggest a market still searching for clearer directional confirmation.
