XRP slipped below $1.46 over the weekend,a level that analysts had flagged as the most critical line for the token heading into the final stretch of April. The move was not entirely unexpected on the charts, but the catalyst that pushed it through was geopolitical rather than technical.
The important support to watch now is $1.41. As long as XRP holds that level, the analyst believes a broader bullish structure remains intact. Below that, $1.37 represents the 30-day rolling VWAP, a level that could come into play if genuinely bad news hits. A move all the way back to $1.31 is considered unlikely under current conditions.
To.the upside, reclaiming $1.46 is the prerequisite for any meaningful rally. A clean break above that level would open the path toward $1.55 to $1.57.
The Short-Term Expectation
The honest near-term outlook is one of range-bound consolidation. The analyst described the most likely scenario as XRP drifting lower within the $1.35 to $1.46 range, finding support somewhere in that band, stabilising and then potentially mounting another attempt at the upper boundary.at the upper boundary.
A.breakout above $1.46 remains possible but would require a continuation of the bullish fundamentals seen last week, including strong XRP ETF inflows and improving sentiment. Negative Bitcoin funding rates and the current uncertainty environment make that combination less likely in the immediate term.