- XRP trades at $1.3471, down 0.69%, below the SAR at $1.3789 and Supertrend at $1.4681 with the wedge apex now passed.
- XRP spot ETFs pulled $9.09M on April 10 after a $661K outflow on April 9, with total net assets at $968.15M.
- EGRAG Crypto’s monthly chart shows an ascending triangle with a non-log target of $4 to $7 and a log measured move of $225.
XRP trades at $1.3471 on April 11, down 0.69%, with the wedge apex now behind it and price still stuck below the SAR at $1.3789, leaving the daily trend unchanged heading into April 12.
XRP Daily Chart: Apex Is Here, SAR At $1.3789 Still Has Not Flipped
The descending wedge from the October peak near $3.80 has reached its apex without a breakout. Price sits below both the SAR at $1.3789 and the Supertrend at $1.4681, with neither indicator flipped bullish on the daily. The lower wedge boundary has been rising from the February low at $1.15 and continues to hold, but holding support is not the same as breaking resistance.
A daily close above the SAR at $1.3789 is the minimum requirement for any trend shift, putting the Supertrend at $1.4681 in play next. Above that, supply zones at $1.80 and $2.40 have rejected every rally since November. Below, the wedge floor at $1.28 to $1.30 is the last line before the February low at $1.15.
Key levels for April 12:
- Wedge floor: $1.28 to $1.30
- SAR resistance: $1.3789
- Supertrend resistance: $1.4681
- Supply zone 1: $1.80
- Supply zone 2: $2.40
- Supply zone 3: $3.20
- February low: $1.15
Why EGRAG Crypto’s Monthly Chart Has A $225 Target For XRP
EGRAG Crypto’s monthly chart maps an ascending triangle on XRP dating back to 2018, with a flat lower boundary near current price and a descending upper boundary compressing price for seven years. The logarithmic measured move targets $225 on a full breakout. The non-log measured move lands in the $4 to $7 range, with Fibonacci expansion targets at $13 to $27 and a macro repricing scenario at $100.
The monthly view reframes the daily chart entirely. Where the daily shows XRP struggling to clear $1.38, the monthly shows a base built over seven years approaching resolution. The $4 to $7 non-log target is the first realistic cycle objective, and the current daily compression sits squarely in the base-building phase that precedes that kind of move.
XRP Spot ETFs Snap The Outflow Streak With $9.09M On April 10
XRP spot ETFs recorded $9.09M in daily net inflows on April 10, reversing the $661K outflow on April 9. Bitwise led with $7.61M, Franklin added $1.48M.
Total net assets sit at $968.15M with cumulative inflows at $1.22B. The ETF base is recovering but not accelerating at current price levels.
XRP Derivatives: Conviction Fades On Both Sides As Price Stalls
Volume fell 27.11% to $1.99B while OI rose 0.73% to $2.44B. Positions are holding rather than building. Long/short ratio at 0.9474 leans slightly short, but Binance accounts sit heavily long at 2.4376 and OKX at 1.79.
Longs absorbed $542.32K in 24-hour liquidations against $313.37K for shorts. The gap between long and short liquidations has narrowed compared to prior sessions, reflecting reduced directional conviction on both sides as price stalls below the SAR. Options OI rose 4.65% to $39.71M, the one number still expanding as traders position for the next move.
Related: Range Tightens as $1.45 Break Looms
XRP Price Prediction: April 12 Outlook
- Upside: Daily close above the SAR at $1.3789 flips the indicator bullish, Supertrend at $1.4681 is next. ETF inflows above $10M per day add weight. The monthly non-log target of $4 to $7 is the medium-term case if the daily structure shifts.
- Downside: SAR holds, wedge floor at $1.28 to $1.30 breaks on a daily close, and the February low at $1.15 is next. A break below $1.15 with the Supertrend still bearish leaves no support until $1.00.
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