- XRP faces strong resistance at $2.33, with a breakout needed for bullish continuation toward $2.50.
- MACD crossover and RSI above 50 suggest moderate bullish momentum building despite recent pullback.
- Holder count at 6.33M suggests steady long-term accumulation amid short-term market indecision.
On April 30, at press time, XRP was trading at $2.24, a daily decline of 1.15%. Despite this drop, the asset remains slightly positive over the week, with a 0.87% gain. Over the past month, it has increased by 7.67%.
Market cap is at $131.46 billion, a 1.33% decline in the past 24 hours. Daily trading volume is at $2.82 billion, a sharp 27.79% drop, while the volume-to-market cap ratio is at 2.15%. XRP’s FDV is at $224.91 billion. Circulating supply is 58.44 billion out of a total 99.98 billion, near its maximum cap of 100 billion.
Key Price Levels and Technical Indicators
XRP remains within a consolidation range, currently trading between $2.00 and resistance at $2.30 to $2.35. A high of $2.25 was seen earlier, but resistance near $2.30 led to a rejection. This short term rejection points to market indecision.
Volume is stable at 24.51 million, suggesting neither strong buying nor major selling activity. The asset has been consolidating since mid March following a sharp fall from a $3.50 peak seen in early 2025. This cooling phase indicates that XRP is yet to establish a new direction.
The 50 day and 200 day moving averages, both around $2.33, act as resistance. XRP trades below both averages, suggesting current market weakness. The convergence of these averages raises concerns of a death cross, a historically bearish sign.
Diverging Momentum Signals
The RSI is at 56.29, just above the neutral 50 level, indicating slight bullish momentum. Its moving average is at 52.80, which confirms moderate strength returning. The MACD line has crossed above the signal line, with values at 0.0279 and 0.0056 respectively.
The histogram has turned positive, supporting the growing upward momentum. The MACD base line at 0.0222 also supports this observation. However, continued rejections below $2.33 will likely suppress further upside.
A confirmed breakout above this resistance may allow further gains toward $2.50–$2.60. Failing to do so could lead to a retest of $1.95–$1.85. Therefore, monitoring XRP’s behavior near this level remains important.
Investor Activity and Short-Term Price Scenarios
Long-term holder interest remains strong, as indicated in the total holder count, now at approximately 6.33 million. This steady growth continues even amid recent price fluctuations. It indicates persistent accumulation despite the asset’s struggle below the major moving averages.
For May 1, a bullish move depends on a break above $2.26, followed by a close beyond $2.30. That could prompt a move toward $2.40–$2.45. However, failure to hold $2.22 may drive XRP down toward the $2.05–$2.00 range. Sustained rejection at $2.33 could push the asset further to $1.95–$1.85.
