03.04.2026 14:10
XRP is currently trading at $1.32 on April 3, marking a 2.9% decline over the past week. The cryptocurrency remains confined within a descending parallel channel that has restricted its movement since March 17. Despite this bearish structure, a bullish divergence on the 8-hour Relative Strength Index (RSI) has sparked a modest rebound. However, two significant cost basis clusters are positioned directly above the current price level, potentially limiting further upside. The analysis explores whether XRP can break free from this 17-day downtrend, even as its correlation with Bitcoin appears to be weakening.
The article "Can XRP Price Escape a 17-Day Bearish Channel Despite a Weakening BTC Link?" was originally published on Crypto Adventure.
