In the market, XRP is dominated by bearish sentiments, and analytical data indicates a relatively low probability that in the second quarter of 2026 the asset will return to a level of $3.

Currently, XRP is facing a weak technical structure, numerous levels of resistance, and limited time for a sustainable breakout, which will restrict growth in the coming months.

For almost eight months, XRP has been trading in a downward trend and intensifying bearish forecasts. Indeed, trading volume remains high in the range of $2 billion, which indicates that hope is not completely lost.

Technical data shows that the RSI for the pair XRP/BTC fell to 23, which is the highest indicator of overbought conditions since October 2025. Historically, it has been the case that the RSI at this level for the pair XRP/BTC preceded breakouts of 65%–345% not in favor of bitcoin.

The Z-score indicator XRP MVRV fluctuates around zero, a level that coincided with accumulation zones in 2021, 2022, and 2024 before each subsequent major rally. The last similar situation in June 2025 led to a surge in XRP against BTC by 61% and a price increase of 92% to $3.66.

The fear and greed index is at an extreme level of 16, with 26 out of 29 technical indicators currently indicating a bearish trend.

The price consolidates in a narrow range with clear technical boundaries. Resistance is located at levels $1.37, $1.39, and $1.41; the 50-day moving average is positioned at $1.40, causing bulls to be more cautious. Support zones are defined at levels $1.33, $1.32, and $1.31, with the strongest lower boundary located in the classic reversal zone at the level $1.28–$1.30.

The Relative Strength Index (RSI) on the daily chart neutralized around 46.48, which does not indicate overbought conditions, nor does it show momentum in either direction.

Short-term forecasts carry a cautious character. The projected price range for April is $1.30–1.51, suggesting limited growth in the near term even under optimistic conditions.

The recent movement in the price of XRP has drawn comparisons to previous false recoveries, although MVRV data distinguishes this moment from typical situations of 'dead cat bounce.' The pair XRP/BTC is also within a prolonged consolidation range, which historically served as a macro zone for relaunch.

According to data from Happy Coin News, traders in the Polymarket prediction market expect that by the end of April, XRP will remain within the range of $1.2 to $1.4. #Write2Earn #Write2Earn! $XRP $BTC