XRP is trading around $1.31 and has yet to break out of a falling parallel channel that has persisted since March 17, according to a report. A bullish divergence has appeared as RSI formed a higher low while price made a lower low, suggesting weakening selling momentum. On-chain data show dense cost-basis supply at $1.34-$1.35 and stronger resistance at $1.45-$1.47. XRP’s 7-day correlation with bitcoin is lower than ethereum’s. The $1.36 level is seen as a technical pivot, while $1.29 is cited as short-term support.

Bitcoin is trading around the $67,000 level, with about 44 percent of circulating supply below investors’ purchase prices. Glassnode data cited by Cointelegraph showed investors hold about 8.8 million BTC at a loss, with unrealised losses of $598.7 billion. Bitcoin is about 47 percent below its October 2025 record and about 24 percent under its early-year level. Long-term holders’ realised losses rose, while outflows from bitcoin investment products and weak demand indicators persisted.