←Back to News
Updated 17 April 2026 at 12:24CoinCex editorial review

XRP Recovers After 63% Drawdown as Retail Fear Reaches Two-Year High While One Wall Street Metric Climbs

#Analysis Featured Market Technology TradFi Trading Ripple xrp XRP Ledger XRPL

XRP lost 63% over several months, eroding investor confidence, before rebounding in April. The recovery appears tied to institutional privacy upgrades, retail uptake in Asian markets, and renewed ETF interest. Cryptorank data indicates XRP is approaching its first positive monthly close since September.

XRP shed 63% of its value across a brutal multi-month stretch. Investor confidence took a hit. By April, the asset mounted a notable recovery. I see three drivers behind the move. First, new privacy tooling aimed at institutional users. Second, measurable retail adoption growth across Asian markets. Third, fresh interest in exchange-traded fund products tied to XRP. Cryptorank data shows XRP is on track for its first positive monthly close since September 2025. With capital rotating back toward risk assets, XRP has gained over 2% in April, sitting at $1.35 at the time of writing. Bitcoin cleared a multi-month resistance ladder in a matter of hours, pushing to a four-week high. The key question now is whether the former all-time high zone holds as support and sustains continuation higher. The XRP price action reflects broader shifts in capital flow and sentiment. SoSoValue reports that US-based XRP exchange-traded funds recorded roughly $12 million in net inflows during April. That reverses March, when economic concerns triggered over $31 million in outflows. Demand is not confined to the US. CoinShares data indicates global XRP exchange-traded products pulled in approximately $20 million in net inflows this month. Institutions are accumulating. Meanwhile, retail traders on social platforms appear exhausted. Santiment data shows negative sentiment around XRP, commonly labelled fear, uncertainty, and doubt, has reached its third-highest level in two years. This divergence between institutional inflows and retail fear is worth monitoring. When Wall Street metrics spike while retail capitulates, it often marks a local inflection point, though not always in the direction bulls expect. I would watch whether ETF inflows sustain through month-end and whether on-chain accumulation addresses continue growing. Those two data points should clarify whether this recovery has legs or is a relief bounce within a larger downtrend.
How this page was created

This page was derived from source reporting with automated structuring or translation and reviewed for publication by CoinCex.

Original source
CryptoSlate↗
XRP Recovers After 63% Drawdown as Retail Fear Reaches Two-Year High While One Wall Street Metric Climbs