XRP slips 4% as selling pressure builds despite ETF inflows

coindesk
coindesk|Apr 09, 2026 05:41
Elevated volume and modest institutional buying fail to support price, with sellers continuing to dominate near resistance. What to know : XRP slid from about $1.37 to $1.33 as sellers used rallies to exit positions, signaling continued weakness despite modest ETF inflows. Rising trading volume alongside falling prices and repeated rejection near $1.37 to $1.38 indicate distribution, with XRP underperforming the broader market. Traders are watching support at $1.33 and especially $1.28 on the downside, while a move back above $1.35 and $1.38 is needed to improve short-term momentum.(Coindesk)
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