Why XRP Buyers Are Going All In Despite Price Stagnation at $1.34!

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<a href="https://jpygbp.com/xrp-usd/">XRP</a> Buyers Are More Aggressive Than Ever: The Price Is Still at $1.34

Key Takeaways

  • XRP at $1.3478, sitting exactly on the 50 SMA at $1.3473 on low volume.
  • 100-day SMA of taker buy/sell ratio at all-time high.
  • RSI at 46.81 below signal line 51.41.
  • Taker sell ratio at cyclical low of 0.505.
  • Long-term descending triangle compression.

What the 1H Chart Shows Right Now

Currently, XRP is trading at $1.3478 on Binance, a slight increase of 0.17% in the last trading period. The price is right at its 50-day Simple Moving Average of $1.3473. This average isn’t acting as a clear support or resistance level; instead, the price seems to repeatedly bounce back to it after trying to move higher or lower.

Looking at the price action since April 8th reveals a clear pattern. The initial announcement of a ceasefire caused XRP to jump from $1.31 to $1.395 with high trading volume. However, this increase was quickly reversed, with the price falling back to $1.31 before partially recovering to $1.36. Since then, XRP has been slowly declining within a decreasing price range, with each attempt to rise being weaker than the last. The Relative Strength Index (RSI) is currently at 46.81, below its signal line of 51.41, indicating that upward momentum is weakening. Current trading volume is low at 623K, suggesting a lack of strong buying or selling pressure.

XRP is currently trading near a resistance level of $1.35. Support lies between $1.31 and $1.32, a level that hasn’t been strongly challenged since the recent price increase. The price is in the middle of its recent trading range, with a flat simple moving average and weakening momentum.

Looking at the short-term price chart tells one story, but when you examine the taker ratio over a longer period, it suggests something different.

What the 100-Day Taker Ratio Is Actually Showing

Data from CryptoQuant shows that the 100-day average of XRP buy and sell orders on Binance has reached a record high. For the past two years, there’s been a consistent increase in buyers compared to sellers. Importantly, this isn’t a new response to recent price changes – the trend was already developing before April.

The latest data suggests the picture is becoming clearer. The 30-day average of buyers is rising, hitting around 0.495, while the 30-day average of sellers has fallen to its lowest point in a while, at 0.505. This means the difference between buyers and sellers is shrinking – sellers are pulling back just as buyers are becoming more active. This pattern often signals that sellers are losing steam and buyers are starting to consistently accumulate assets.

The temporary increase and subsequent decrease during the ceasefire occurred within an existing pattern, and didn’t *cause* that pattern. The data shows buyers were present *before* the ceasefire news, not as a result of it.

The Long-Term Structure and What It Confirms

According to crypto analyst Egrag, XRP’s price chart shows a descending triangle pattern that’s been developing since 2018. This pattern is created by a falling upper trendline and a flat lower trendline, and it’s currently happening around XRP’s current price. He believes the current stable price range is a final squeeze before the pattern breaks and the price moves in a clear direction.

A new high in the taker ratio is more meaningful at the end of a six-year price consolidation than during a strong market uptrend. When buyers become increasingly assertive while the price remains stable, it usually signals a breakout is coming. This is happening right now, coinciding with the most compressed point in a long-term pattern, as identified by Martinez.

THE MEGA CRASH COMING…….:

Focus on the overall pattern, not minor fluctuations. A specific chart pattern suggests a potential price target of $225.

🟣Non Log MM: → $4 – $7 range

🟣Expansion (Cycle + Fib): → $13 → $27

🟣Macro Repricing: → $100

🟣$225 is TA… it’s a…

— EGRAG CRYPTO (@egragcrypto)

If the price continues to rise as indicated by the triangle pattern, a realistic short-term price target is between $4 and $7. Egrag Crypto suggests further potential targets of $13, $27, $100, and $225, but reaching those would require a much larger and more significant shift in the overall market. While the chart currently supports the short-term target, the higher targets represent a different and more ambitious outlook, and should be viewed as such.

What the Data Is Actually Saying

When markets have been squeezed for a long time and show a record number of traders initiating trades (takers), they usually move higher – often starting slowly and then with more momentum. The fact that the $1.31-$1.32 support level is holding steady while the taker ratio hits a new high suggests an upcoming price increase, rather than a continuation of any downward trend.

The trigger is not visible in the current 1H data. It rarely is before it arrives.

Just a quick disclaimer: I’m sharing my thoughts here as a crypto investor, but this isn’t financial advice. I’m not telling anyone what to buy or sell! Everything I share is for learning purposes only. I always do my own research before putting any money into crypto, and you should too. It’s also a really good idea to talk to a qualified financial advisor before making any investment decisions.

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2026-04-11 13:04