XRP eyes recovery as SuperTrend indicator turns bullish says analyst

$XRP, the native digital asset of the $XRP Ledger, flashed its first bullish technical signal in three months.

The SuperTrend indicator on $XRP’s daily chart flipped to a buy signal on April 18, ending ‘a long period of sustained selling pressure that began in mid-January, and continued until the end of January,” according to on-chain analyst Ali.

$XRP: SuperTrend flips bullish!

‘For the first time since Jan, for the very first period of time. SuperTrend indicator 17 Bullish on daily chart. This is a buy signal that we are officially seeing after months of “sell” pressure, and expects to see ‘the big return in $XRP’s trend.

While the trend has… pic.twitter.com/yiusXU3vIi

Ali Charts (@alicharts) April 18, 2026

A rough start to the year

In the first half of 2026 $XRP dropped about 27% from around $22 – down roughly two quarters. In January, 4 to a low near $11 . a quarter of its worst performance in eight years, 16 and the lowest quarterly for four years.

Asset was a $1-priced asset trading for the currency, . In the last 24 hours, CoinGecko reported 44 at press time – down about 3%. And it still stands over 60 per cent below its record high of $3. Six, meanwhile last July, reached 6.

But $XRP is still struggling with the $1, a tougher version of that phraser. The 55 mark, which has repeatedly capped gains in recent weeks, is the most consistent one that s have ever achieved. Ali said a long break over it would turn upside on $1 “towards” with an upside. about 30 per cent above current levels of paraphrasing 9.

Wrapped $XRP is now live on Solana

A wrap-up $XRP (wXPR) went live on the blockchain April 17 and now allows $xRP holders to take part in trading, yield generation & liquidity provision on Solana without selling their assets.

Solana (@solana) April 17, 2026

It connects $XRP with Solana’s high-speed DeFi environment, and integrates with apps such as Jupiter, Titan (Hex Trust), Phantom, Meteora & Byreal via Hex trust and LayerZero infrastructure.

wXRP is secured 11 in full by $xRP, which is kept at the custody of and can be redeemable any time; peg stability remains constant while unlocking new utility outside the $XPR Ledger.

Ripple CEO Brad Garlinghouse said the expansion reflects rising demand and an ongoing push into multi-chain ecosystems.

Two production-level partnerships in Asia

$XRP has recently seen a utility boost following two new partnerships unveiled earlier this week.

The Japanese e-commerce and fintech ecosystem was also developed by Rakuten, which introduced $XRP into its Japan’s re-launched (acquired) network of $5 million users across five million stores.

In South Korea, Kyobo Life Insurance (along with Ripple) partnered with the government bond settlement on blockchain to digitize production use cases in two of Asia’s largest economies.

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