Technical Analysis

XRP is trading in a compressed range inside a descending broadening wedge, a structure some analysts say can precede a larger volatility expansion. EGRAG CRYPTO highlights $0.90 as a key base and $3.30 as the main breakout trigger, outlining upside targets of $5, $8 and potentially $13 if that level is cleared. Separately, The Composite Trader says XRP confirmed a bearish TCT Model 1 distribution during the New York PM session, with follow-through moving toward a projected technical target and enabling a 25% TP1.

Ark Invest CEO Cathie Wood said in an April 1 CNBC Squawk Box interview that Bitcoin may no longer face the 85%–95% collapses seen in past bear markets as institutions increasingly treat it as a separate asset class. With BTC trading around $67,000 on April 3, she added that even a 50% drawdown in 2026 would be viewed as a "victory" by the Bitcoin community.

XRP traded at $1.31, up 0.9% over 24 hours but down 29.6% year-to-date from a $1.88 open, as the token tried to defend support while broader sentiment stayed fearful. On April 2, XRPL core developer Denis Angell described six ongoing workstreams aimed at rebuilding the XRP Ledger's core repository. Technical levels cited include resistance at the 50-day SMA ($1.40–$1.42) and support around $1.27–$1.29.

Fidelity macro director Jurrien Timmer says ETP flow data indicate investors who left Bitcoin in late 2025 are rotating back as gold loses momentum. He describes Bitcoin’s drop from above $124,000 in October to near $60,000 as a "mild winter," with BTC now holding the $65-$70k area while it tries to build a base.

A reported exploit on a Solana-based DeFi app drained roughly $250 million, a crypto analyst said, using the incident to underscore smart-contract risks for would-be institutional users. In the same video, the analyst pointed to documentation claiming Ripple's "G Treasury" has an official Swift compatibility profile, framing XRP as back-end settlement infrastructure rather than a retail token.

Shiba Inu (SHIB) is trading at $0.00000609, up 6.01% over the past 24 hours, but price remains constrained near the $0.0000060 resistance area. Crypto Patel said SHIB was rejected after reaching $0.00000628 on March 25 and later $0.00000616 on March 30, keeping the 4-hour structure fragile. The analyst pointed to potential downside levels at $0.00000562 and $0.00000523, while exchange net inflows rose 2.5% to 161 billion SHIB within 24 hours and reserves increased to 81.51 trillion SHIB from 81.32 trillion on April 1.

Ethereum traded at $2,060.48 at 12:12 UTC on April 3, with RSI at 48.24 and price still under the 50 SMA at $2,079.21 after a sharp drop from $2,160 to $2,020 following a Trump speech on April 2. CryptoQuant data shows ETH derivatives open interest has fallen to 13.4B and funding rates in 2026 have moved to near-zero and, at times, negative. A weekly channel analysis highlights $2,060 as a key level, with $1,551 and $1,070 as potential supports if it breaks.

XRP has posted six straight months in the red, marking its longest monthly losing streak since 2014, and has fallen more than 55% since October 2025. The token is hovering around $1.32 and is now being watched for a possible shift in momentum, with $1.38 highlighted as a key resistance level.

Bitcoin (BTC) rose modestly on April 3 and briefly traded above $67,200 as daily funding rates increased by more than 300%. The move suggests leveraged traders expanded bullish positioning, though open interest was down 0.12% at the time of writing. Analysts framed the divergence as a funding spike driven more by trader repositioning than by a clear surge of new capital.

ARK Invest CEO Cathie Wood said Bitcoin is now a "proven" technology and asset class and should no longer suffer 85% to 95% collapses from all-time highs. In comments aired April 1, she argued that even a 50% drop would be viewed as comparatively mild, while a separate forecast on X pointed to $34,000 as the next potential BTC floor.