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Coinpaper 2026-04-16 19:29:42

XRP Is Outpacing Bitcoin by 3x — Shrugging Off Extreme Fear Sentiment

XRP Defies Extreme Fear as Bulls Target Breakout Above $1.44 According to market analyst Coinzler, XRP has quietly outpaced Bitcoin by nearly 3x this week, even as broader sentiment paints a far more cautious picture. The Crypto Fear & Greed Index is stuck at 23 in Extreme Fear, signaling heavy anxiety across the market. Nevertheless, XRP keeps edging higher, suggesting the rally is unfolding against a backdrop of widespread caution. Well, when fear dominates but an asset continues to hold strength, traders tend to question whether it’s steady accumulation building underneath or just momentum running into resistance. XRP is currently trading at $1.44 , up 6.34% over the past week, according to CoinCodex data. However, this level has now turned into a key resistance zone after repeatedly rejecting price advances over the past two weeks. Momentum is also starting to look stretched, with the 1-day RSI at 67.7, edging close to overbought conditions. On the downside, a break below $1.38, which aligns with the 50-day moving average, could trigger a slide toward $1.35 and the 25-day moving average. On the upside, a clean daily close above $1.44 would shift focus toward $1.54, where the 200-day moving average presents a stronger technical barrier. XRP Sees Balanced Derivatives Setup as $1.81B Volume Surge Fuels Key Breakout Test Derivatives data adds another layer of intrigue. Notably, open interest stands at $414.8 million, showing steady participation, while funding rates at 0.0015% remain almost flat. This balance suggests the recent upswing isn’t being fueled by crowded leveraged longs, but by a more neutral, healthier market structure. Typically, rising prices paired with neutral funding reduce the risk of abrupt long squeezes. Adding to the momentum, XRP recently recorded $1.81 billion in combined spot and futures volume in a single session, pointing to a clear spike in activity and renewed interest from both retail and institutional traders. Beyond short-term flows, XRP is drawing attention on the higher timeframes as it retests a major breakout structure built over nearly eight years, a zone that has historically attracted strong accumulation. If this level holds, longer-term projections still point to the $10 area as a potential macro target, though that outcome remains speculative and heavily tied to broader market cycles. In the near term, the real test is whether XRP can flip current $1.44 resistance into support and maintain momentum in an otherwise risk-off environment.

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