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XRP Price Prediction: XRP Holds Wedge Floor As Ripple Heads To Paris Blockchain Week


XRP Price Prediction: XRP Holds Wedge Floor As Ripple Heads To Paris Blockchain Week

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AI Overview

XRP trades at $1.3251 (Apr 13), holding the descending wedge floor at $1.32–$1.33 while bearish indicators sit overhead (SAR $1.3759, Supertrend $1.4681). - Options activity surged—volume +172.46% to $3.75M and open interest +7.84% to $42.76M—signalling increased market positioning as the wedge nears resolution. - Ripple to showcase XRPL’s live institutional deployment with Morgan Stanley at Paris Blockchain Week on Apr 15, a notable adoption/institutional milestone for crypto and XRPL.

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  • XRP trades at $1.3251, up 0.01%, sitting on the wedge lower boundary with SAR at $1.3759 and Supertrend at $1.4681 overhead.
  • Options volume jumped 172.46% to $3.75M with OI up 7.84% to $42.76M as the wedge nears resolution.
  • Ripple SVP Markus Infanger presents at Paris Blockchain Week on April 15 alongside Morgan Stanley on XRPL’s live institutional deployment.

XRP trades at $1.3251 on April 13, sitting directly on the wedge lower boundary while Ripple prepares to make its institutional case at Paris Blockchain Week on April 15.

XRP Daily Chart: Wedge Floor Holds At $1.32 With SAR Still Bearish Above

XRP Daily Price Action (Source: TradingView)

The descending wedge from the August peak near $3.80 has both boundaries converging at current price. The lower boundary rises from the February low at $1.15 and sits at $1.32 to $1.33 right now. The upper boundary slop…

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