XRP ETF Inflows Surge in April: Can Bulls Reclaim $1.40 or Test $1.36 Next?
As of April 29th, 2026 a little after the morning trading session started , XRP is dancing in the $1.38 to $1.40 range USD, showing...
Quick overview
- As of April 29th, 2026, XRP is trading between $1.38 and $1.40, showing a modest recovery after falling below key support levels.
- XRP ETFs experienced their strongest month in April 2026, with over $1.5 billion in assets under management and significant inflows.
- Institutional interest in XRP is growing, with Goldman Sachs holding a $153.8 million position and 25% of surveyed institutions planning to add XRP this year.
- Ripple has announced new partnerships to enhance cross-border payments, while the regulatory environment appears to be improving following the resolution of the SEC issue.
As of April 29th, 2026 a little after the morning trading session started , XRP is dancing in the $1.38 to $1.40 range USD, showing a fairly modest relief bounce after XRP got itself into a bit of trouble by falling below some key support levels.
Key Drivers Today
- Strong Showing by XRP ETFs: XRP’s ETFs just had their strongest month of 2026 in April – pretty impressive considering they had a rough March. They managed to turn things around with steady inflows instead of outflows. Cumulatively, the AUM of those U.S. spot products ended up over $1.5 billion, with recent weekly figures coming in at a pretty respectable $55 million.
- Institutional Players Taking Notice: Goldman Sachs announced they’re sitting on a $153.8 million position back in Q4 2025. A survey done by Coinbase and EY-Parthenon found that 18% of institutions already have XRP on their books, and 25% of them are planning on adding some this year. And just for good measure, CME XRP futures saw a whopping $13 billion in notional volume during the first quarter.
- Some Good Ecosystem News: Ripple has been making some headway on partnerships – they just announced a deal with Korea’s K Bank to help out with cross-border payments and a partnership with Kyobo Life for some tokenized government bond settlement. Plus the supply of RLUSD stablecoin has been steadily climbing – we’re talking $1.6 billion here. That’s had a good effect on XRPL liquidity and getting other chains to integrate with it (like Solana with its wXRP).
- Regulatory Environment Looking Up: Remember that whole SEC thing? Well that got sorted out, and the CLARITY Act is still pending, which may add even more clarity to the regulatory landscape.
So far, all the fundamentals are pointing to a healthy infrastructure and capital inflows, but with today’s FOMC decision, we’re likely to see some short-term market reaction.
XRP/USD Technical Analysis
XRP is still trying to stage a bit of a short-term recovery after that breakdown from the $1.40 level. Thing is, on the longer term 2H chart, the structure still looks like it’s in favour of the bears. That break from the triangle and subsequent rejection from the $1.425-$1.43 range basically put the market in a bit of a downward trajectory.
The bounce XRP saw from the $1.36-$1.38 zone looks more like a relief move than an actual reversal – at least for now. And to top it off, price is still sitting below both the 50 and 200 moving averages, which are now acting as a bit of a speed bump. We also see the RSI trying to recover a bit, but not by much, so the trend bias is still not really shifting.
Key Levels:
- Resistance: $1.40 – $1.42 – $1.445
- Support: $1.383 – $1.36
Trade Idea: Sell if XRP goes below $1.40, aiming for $1.36 with a stop just above $1.425. For now, XRP remains pretty sensitive to any CLARITY Act updates, ETF flows, and general macro news.
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