XRP is pushing to the top of the bearish wedge at $1.3157 after months of lower highs and lowers, the 4H MACD signal line recently crossed into positive territory for the first time since February – a sign that the bearish momentum may be close to exhaustion ahead of what could be the next candle of the closed pattern.
Summary
- XRP is trading at $1.3157, pressing above the descending wedge pattern visible on both the daily and 4H charts, with a bearish daily Supertrend of $1.4894.
- The daily MACD histogram stands at -0.0222, while on the 4H chart the signal line has just fallen slightly into the positive zone, indicating that the bearish momentum is approaching exhaustion before the wedge correction.
- A confirmed daily close above $1.47 points to $1.50 and a possible challenge to $1.60, while a break below $1.27 risks an acceleration to $1.14.
XRP (XRP) is trading at $1.3157 on April 3, 2026, down 0.33% on the day and pressing near the edge of a descending wedge pattern it has built on both the daily and 4H sessions since February. The Supertrend indicator on the daily chart is sitting at $1.4894, in the red above the price, confirming the prevailing bearish regime. However the structure itself is a structure that technical analysts often associate with bullish reversal potential when it appears at the end of a long downtrend, as long as it holds a downward trend line.
On the daily chart, two dynamic lines are clearly visible: a descending resistance line and a slightly ascending support line. The price of $1.3157 is approaching a peak, with the latest daily low printed at $1.3033. The daily MACD shows a histogram of -0.0222, with the MACD line at 0.0287 below the signal at 0.0065. The reading remains bearish, but the histogram has been contracting, a sign that selling pressure is gradually easing.
In the 4H chart, the same wedge structure is unchanged. The upper descending trendline corresponds to the 4H Supertrend at $1.3586, and the lower ascending trendline has provided support in each test since early February. Critically, the 4H signal line fell slightly to the positive area at 0.0002, while the MACD line at 0.0069 is approaching zero from below. A full bullish maCD crossover has yet to occur, but a near-zero convergence is the first signal of bearish exhaustion.
Key Levels, Price Targets, and Limitations
Bull case: a daily close above the bearish wedge resistance near $1.47 will confirm a breakout, initially targeting $1.4894, the Supertrend level, then $1.50. In addition, $1.60 is a key structural area where the broad descending channel from July 2025 will be meaningfully challenged. Technical analyst Ali Martinez noted on X (formerly Twitter) that XRP “could provide a short-term buying opportunity” within its multi-year ascending triangle framework at current levels, although he also hinted at a potential decline of nearly 30% before a sustained long-term recovery.
Bear case: a daily close below $1.27 would break the wedge support and expose XRP to $1.14, which is the target for the channel break. A tight supply of around 19.6 million XRP is concentrated between $1.27 and $1.28, according to Coinglass cost base data, making this a very important area to protect.
Bull case invalidation: daily close below $1.27. Bear case invalidation: daily close above $1.47.
On-Chain and Outbound Content
US spot XRP ETF monthly inflows turned negative in March 2026 for the first time since the products launched in November 2025, according to SoSoValue data, removing the structural buy-side catalyst that supported the price in Q1. XRP’s open interest on all exchanges is now close to $2.45 billion, down nearly 73% since September 2025, as explained in previous crypto.news coverage.
Funding rates changed to a positive 0.008%, suggesting new long positions are entering near current levels. However, a group of owners of six to twelve months has started to cut positions since March 27, reducing the layer of structural support as the sword reaches the top.
As crypto.news has covered, recovery efforts have repeatedly stopped below resistance, and the pattern remains the same until buyers produce a significant daily close above the upper wedge line. Since the 4H signal line is at zero and the apex is approaching, the next directional candle carries the most weight.
