$XRP trades at $1.3325 on April 9, down 0.76%, with the descending wedge that has been compressing price since October now approaching its apex and forcing a resolution this week. A daily close above $1.35 breaks the upper boundary and opens the first move toward $1.46.
$XRP Daily Chart: Wedge Apex Arrives This Week
The descending wedge from the October peak near $3.20 has been tightening since then, with the upper boundary sloping down and the lower boundary rising from the February low near $1.20. Both lines meet this week. Price has to go somewhere.
Four EMAs stack bearishly above. The 20-day at $1.3547, 50-day at $1.4173, 100-day at $1.5767, and 200-day at $1.8348 sit overhead in descending order, with the Supertrend at $1.4681 wedged between the 50 and 100-day. Not a single one has been cleared since October. A close above $1.35 breaks the wedge and the 20-day EMA at once, which is exactly why that level is the trigger. The wedge floor at $1.28 to $1.30 is the last line before the February low at $1.20.
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Meanwhile, $XRP spot ETFs hold $950.14M in total net assets across five products, with cumulative inflows sitting at $1.21B. April 8 recorded zero net inflow after a $3.32M inflow day on April 7.
Key levels for April 10:
- Wedge breakout trigger: $1.35
- 20-day EMA: $1.3547
- 50-day EMA: $1.4173
- Supertrend: $1.4681
- 100-day EMA: $1.5767
- 200-day EMA: $1.8348
- Wedge floor: $1.28 to $1.30
- February low: $1.20
- Supply zones: $2.40 and $3.20
$XRP Derivatives: Longs Taking Pain But OI Stays Elevated
Volume fell 21.61% to $3.10B and OI dropped 6.72% to $2.37B. Both falling together means traders are closing positions. The long/short ratio sits at 0.9547, slightly short-biased overall, but Binance accounts lean heavily long at 2.4141 and OKX at 1.88.
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Longs took $2.08M in liquidations over 24 hours against $211.83K for shorts. Buyers keep getting stopped out at the wedge boundary. Options OI bucked the trend, rising 2.12% to $43.87M, reflecting growing interest in directional bets as the apex closes in. OI at $2.37B is still well above pre-rally levels, unlike smaller assets where leverage has been almost fully wiped out.
Why $XRP Is Safer Than Bitcoin Against A Quantum Attack?
Quick $XRP acc quantum vulnerability check.
— Vet (@Vet_X0) April 7, 2026
~300,000 accounts on $XRP holding 2.4B $XRP never transacted, thus public key unknown and quantum safe.
while only 2 accounts with larger holdings of 21M $XRP are dormant (inactive over 5 years) and have their public key exposed.
Dormant…
Analyst Vet ran a quantum vulnerability check on $XRP and found roughly 300,000 accounts holding 2.4B $XRP have never transacted, keeping their public keys hidden and quantum safe. Only two dormant accounts with 21M $XRP combined have exposed public keys, just 0.03% of total supply. Active accounts carry exposed keys but can rotate them when needed.
Bitcoin’s exposure is a different story. Satoshi’s dormant holdings and legacy P2PK addresses leave a far larger share of supply vulnerable. $XRP’s near-zero dormant whale problem means a quantum threat hits the network with far less consequence than it would Bitcoin.
$XRP Price Prediction: April 10 Outlook
- Upside: Daily close above $1.35 breaks the wedge and clears the 20-day EMA simultaneously. Supertrend at $1.4681 is the first real test, with $1.57 as the next target if that flips. ETF inflows returning above $3M per day add institutional weight to the move.
- Downside: Apex passes without a breakout, price slips under the wedge floor at $1.28 to $1.30, and the February low at $1.20 becomes the next stop. A break below $1.20 with the full EMA stack still overhead leaves no technical support until $1.00.
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