The post Top 2 Reasons Why XRP Price Stuck at $1.40? appeared on BitcoinEthereumNews.com. XRP price hovered at $1.41 on Sunday after a week of steady bullish momentumThe post Top 2 Reasons Why XRP Price Stuck at $1.40? appeared on BitcoinEthereumNews.com. XRP price hovered at $1.41 on Sunday after a week of steady bullish momentum

Top 2 Reasons Why XRP Price Stuck at $1.40?

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

XRP price hovered at $1.41 on Sunday after a week of steady bullish momentum across the broader cryptocurrency market.

The token has almost 8% in the last seven days, backed by new investor optimism and a better technical picture.

A further 2% daily gain strengthened the belief since XRP recovered the $1.40 mark as a temporary support.

Momentum indicators suggest buyers are attempting to build strength for a possible move toward the $1.50 resistance area.

Why XRP Price Remains Trapped Around the $1.40 Zone

Analysts note that a high overhead resistance is one of the key factors that restrict instant upside continuation.

Traders that have amassed positions at the lower levels seem to be cashing in profits at the psychologically significant zone of $1.50.

Big holders may tend to allocate assets into rallies, which develops selling pressure and decelerates breakout efforts.

Recurrent refusals around this level mean that the supply is still concentrated at higher prices than at the current price.

The XRP-related cautious trading environment is also being caused by more macro economic factors.

The April 28, 2026, Federal Reserve policy meeting is of significant interest to investors as the central bank provides indications on the interest rate.

Bitcoin has soared up to over $77,000, and Ethereum has risen to over $2,300 amidst a fresh round of purchases.

Other key tokens, such as Solana, Cardano, and Dogecoin, also reported moderate returns over the same time frame.

XRP Sees $13.74M Daily Inflows Amid Bitcoin ETF Surge

The cumulative net inflows of XRP investment products further attained 1.27 billion as the steady capital kept being attracted.

The inflows were at $13.74 million per day as a result of continued investor involvement in the asset.

Source: Sosovalue data

In the meantime, U.S. spot Bitcoin ETFs experienced 664 million in new inflows, the fourth consecutive session of positive performance.

Spot Ethereum ETFs were also strong, with a gain of $127m and it was seven days of net inflows.

XRP Price Eyes Breakout as $1.50 Resistance Holds Firm

XRP price traded at $1.41 on Sunday as the token hovered within a defined consolidation range

The daily chart indicates that XRP is swinging between the support zone of $1.35 and the resistance zone of $1.50. Short-term technical indicators show a neutral to slightly bullish short-term picture.

Source: XRP/USDT 4-hour chart: Tradingview

The MACD line is slowly changing to an upward trend, which indicates a better underlying momentum.  The bars in the histogram are getting smaller, indicating a loss of bearish force over the past few sessions.

In the meantime, the Relative Strength Index is close to the midline at 54. The price action of XRP indicates repeated rejections around the $1.50 mark in the past few weeks. Near support of about $1.35 has held up even though there has been sporadic selling pressure. 

A sustained move above $1.50 could open the path toward higher resistance levels. But the inability to overcome that obstacle might prolong sideways consolidation.

Source: https://coingape.com/markets/top-2-reasons-why-xrp-price-stuck-at-1-40/

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.4066
$1.4066$1.4066
-1.69%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

USD1 Genesis: 0 Fees + 12% APR

USD1 Genesis: 0 Fees + 12% APRUSD1 Genesis: 0 Fees + 12% APR

New users: stake for up to 600% APR. Limited time!