XRP May 'Holding Phase' Expected... 78% Chance of Maintaining $1.33

▲ Ripple (XRP) ©

As May approaches, clear signs indicate that XRP (Ripple) is more likely to enter a 'holding phase' rather than see a significant surge, suggesting limited short-term direction.

According to crypto media outlet Finbold on April 29 (local time), data from prediction market Kalshi shows that the probability of XRP maintaining above $1.33 as of May 1 at 5 PM is 78%. This indicates high market confidence that it will defend this support level despite volatility.

However, upside expectations are limited. While the probability of XRP reaching above $1.35 was 66%, the chance of it rising above $1.37 dropped to 43%. This suggests that the market is leaning more towards sideways movement than significant short-term upside potential.

Actual price movements also reflect this. XRP remains at a low level compared to its 2025 high of approximately $3.65 and has been moving within a $1.30-$1.50 range for most of this year. As of late April, the price was around $1.36, down about 1% for the day and over 5% for the week.

Institutional demand is positive. XRP spot ETFs recorded a net inflow of approximately $82 million throughout April, marking the strongest monthly inflow since 2026. This fully offset the outflows from March, with cumulative inflows exceeding $1.29 billion. Funds from Bitwise, Franklin Templeton, and others have been steadily flowing in, maintaining institutional interest despite price stagnation.

Short-term technical levels are also clear. The $1.33-$1.35 range acts as the primary support for XRP, with $1.30, $1.26, and an additional $1.20 identified as key defense levels on the downside. Conversely, overhead resistances are $1.42 and $1.46, with the critical breakout zone suggested at $1.50-$1.55. If $1.50 is decisively broken, a short-term extension to $1.60 and potentially up to $1.90 is mentioned.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*