XRP is facing significant bearish pressure according to technical analysis. A rare bearish Supertrend signal has appeared for only the third time in the asset’s history, with past occurrences leading to retests of key support levels. Current data shows weakness in trend, momentum, and structure, with the price trading near $1.31. Analysts and derivative market data suggest a potential move toward the $0.70–$0.80 zone before any recovery could begin.
On April 4, 2026, analyst ChartNerd confirmed a rare bearish Supertrend signal for XRP. “For only the 3rd time in $XRP’s history, a bearish Super Trend signal has confirmed,” he stated. Historically, this signal has led prices to retest a higher low formation trendline, which currently sits around the $0.70 to $0.80 region.
According to CoinMarketCap, XRP trades near $1.31. Current technical analysis shows weakness across trend, momentum, and structure. The price remains under key exponential moving averages, and the Relative Strength Index sits at a weak 46, indicating room for further downside.
Derivative data from CoinGlass shows cautious positioning by traders. Futures volume has decreased sharply, and liquidation data shows more long positions than short positions being wiped out. Such patterns often precede additional downside moves or volatility spikes.
If the historical pattern holds, XRP could return to the $0.80 and $0.70 range. This corresponds to prior corrections before major bullish recoveries. The bearish view would be invalidated if the price breaks through a descending resistance level.
ChartNerd also noted that Stellar (XLM) mirrors XRP’s setup on higher timeframes. Insights from ChartNerd suggest XLM maintains a similar higher low trend line support structure and could see a bearish trend flip in May 2026. This correlation strengthens the broader market outlook for both assets.
