XRP price prediction: Will $1.34 support hold? XRP trades near key level

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XRP slides 0.59% to $1.3823 today

Highlights

Goldman Sachs sold its entire $154 million XRP ETF stake in Q1 2026, signaling a sharp institutional exit and increased ETF supply.
Despite Goldman’s exit, XRP spot ETFs attracted $60.495 million in net inflows, while the XRP Ledger’s 3.1.3 upgrade awaits broader validator adoption.
XRP trades below key moving averages, with consensus among technical signals pointing to continued weakness or sideways action in the $1.34–$1.46 range.

Institutional fund exit outpaces ETF inflows amid upgrade approval

Goldman Sachs liquidated its entire XRP ETF position, totaling approximately $154 million, as reported in its Q1 2026 SEC Form 13F filing. This move represents a significant institutional exit from XRP ETF products, reducing demand and increasing available supply in ETF channels. In the same period, XRP spot ETFs recorded $60.495 million in net inflows, partially offsetting broader outflows, while the XRP Ledger's 3.1.3 upgrade received final approval and awaits wider validator adoption — though price action has remained under broader selling pressure.

Resistance holds despite mixed technical momentum and persistent selling

On the technical front, XRP is trading below its SMA-20 ($1.4150), SMA-50 ($1.3939), and SMA-200 ($1.7149) levels. The Ichimoku Kijun line on the daily chart stands at $1.4477, acting as immediate resistance; the current price is situated between near-term support at $1.3782 and resistance at $1.3975. Daily MACD signals a strong buy, yet daily and weekly ADX readings point to weak or selling trends. Both RSI (45.65) and CCI (-74.47) sit in neutral-to-bearish territory, with Stoch RSI displaying deeply oversold conditions, and D1 BBP indicating a dominant seller presence intraday. The Awesome Oscillator is neutral, and mixed momentum signals suggest a lack of clear directional consensus.

Downside favored as narrow range and low rebound odds persist

Over the next five trading days, XRP is expected to fluctuate within a volatility band of $1.34 to $1.46, representing a typical deviation of approximately ±6% from current pricing. The probability of a sustained upward move is very low (less than 20%), with sideways or downside price development much more likely. The baseline outlook is continued consolidation within this range, while a break above $1.4477 could prompt a short-term rebound. A daily close below $1.34 would indicate a bearish extension and potential for further declines.

Anton Kharitonov, analyst at Traders Union, sees the recent Goldman Sachs exit as a clear negative signal for XRP ETF sentiment. He notes that, despite some inflows, price action stays weak and technicals show no sign of reversal. Current structure remains under all major moving averages, confirming downside risk. "Unless XRP reclaims $1.4477 or shows strong follow-through on volume, I remain defensive and expect range-bound to bearish price action."

Earlier, analysts noted that XRP was experiencing ongoing selling pressure and a cautiously neutral technical outlook despite observed institutional participation. The substantial ETF liquidation by Goldman Sachs combined with persistent mixed technical signals further underscores consolidation risks, making a decisive break above $1.4477 or below $1.34 the key levels for traders to monitor in the coming sessions.

Source of Data: XRP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.