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XRP is entering a tense phase, with the strain visible on the charts. Market analyst Zed said the current setup looks “a bit heavy,” noting that only 43.4% of XRP’s supply is currently in profit—the lowest level in 21 months.
Zed attributed the slowdown to a shift in institutional behavior. In March, roughly $31 million exited spot XRP ETFs, marking the first significant net outflow in months. The selling pressure has continued into early April, leaving the altcoin trapped in a narrow, sluggish trading range.
According to CoinCodex, XRP is hovering around $1.33, struggling to gain traction in either direction. Zed argued the market is not showing a freefall, but rather a transition phase—what he described as a “textbook patience test.”
Behind the stalled prices, Zed said weaker hands and short-term traders are exiting, while stronger holders remain in place. He also noted that whales are not offloading, suggesting confidence beneath the surface despite the pause in momentum.
Zed characterized the current conditions as a classic shakeout phase—often uncomfortable, slow, and sometimes painful. Historically, such periods can precede sharp market reversals: once weaker holders are shaken out and selling pressure eases, even modest demand can push prices higher.
He suggested XRP may be moving toward a potential re-accumulation zone, typically associated with tight structure, low volatility, and cautious sentiment. The analyst’s takeaway was that XRP’s April path remains uncertain, with any breakout or continued consolidation likely tied to macro trends, institutional flows, and broader crypto sentiment.

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