March 3 News: Ripple (XRP) experienced a decline in trading today, with the price dropping approximately 2.4% to around $1.36, and a market capitalization close to $83 billion. In the past 24 hours, XRP traded between $1.34 and $1.40, with a trading volume of about $3 billion. This decline is related to the global risk asset correction and influenced by the escalation of military actions by the U.S. and Israel against Iran, leading investors to remain cautious about geopolitical tensions.
Ripple announced today that it will expand its Ripple Payments platform to support not only XRP but also the USD-pegged stablecoin RLUSD. This move marks a further strategic push by Ripple into stablecoin infrastructure. President Monica Long stated that success depends on enterprise-grade infrastructure, sufficient liquidity, and broad licensing. Over the past year, Ripple has actively expanded its stablecoin payment ecosystem by acquiring stablecoin payment company Rail and launching RLUSD.
For a long time, XRP has served as a bridge asset within Ripple’s cross-border payment system, and the addition of RLUSD provides a stable and regulated payment option for the platform. Some analysts suggest this could put pressure on XRP demand, especially as institutional users can now directly choose to trade RLUSD. From a technical perspective, XRP’s current price is below the 100-hour simple moving average and has formed a short-term bearish trendline, with resistance around $1.3880. If broken, short-term targets could be $1.40 and $1.4320; support levels are at $1.3320 and $1.3085.
Since reaching nearly $3.50 in late 2025, XRP’s price has steadily declined below $1.50. Ripple’s expansion of its payment platform and stablecoin ecosystem will influence XRP’s short-term trading sentiment, but in the long term, platform upgrades and regulatory clarity could bring more structural changes to the digital asset ecosystem.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Today’s News: Institutional funds return, circulating inflow of 120 million exceeds Bitcoin
This week, XRP recorded a $119.6 million capital inflow, setting the highest mark since 2025 and becoming a major beneficiary in the crypto market. This round of funds returning was mainly driven by greater clarity in regulatory policy and XRP’s real-world use in cross-border payment infrastructure. Technically, it shows an initial recovery, but overall it is still in a downward channel. The support and resistance levels are $1.31 and $1.40, respectively; if it breaks through, it is expected to reach $1.50.
MarketWhisper1h ago
XRP drops to $1.33, with $3.32 million in ETF inflows still failing to reverse the downtrend; the key support to watch is $1.28
In April 2026, the XRP price pulled back to $1.33, down about 4%. Although there was capital inflow into Ripple-related products, selling pressure dominated the market, and increased trading volume signaled distribution. Declining liquidity further heightens volatility risk; watch the $1.33 support—if it breaks, prices will likely fall further. For a short-term rebound, it needs to break above $1.35; otherwise, it should remain in a weak range-bound consolidation.
GateNews1h ago
XRP Price Structure Signals More Downside — Key Levels to Watch
XRP fails to make new highs, confirming bearish market structure remains intact.
Price targets $1.13, $1.08, and potentially $0.87 support levels.
Traders should wait for confirmation instead of reacting to short-term price moves.
Short bursts of green candles can quickly shift market
CryptoNewsLand1h ago
XRP Liquidation Imbalance Jumps 1,278% Amid Short Seller Wipeout - U.Today
Short sellers of XRP faced significant losses as the asset's price rebounded over 4%, resulting in $2.63 million liquidated. The increase in price and trading volume, coupled with institutional interest, indicates positive market sentiment despite caution around resistance levels.
UToday2h ago
Ripple CTO Emeritus Unveils Latest Upgrades Behind XRP Innovation - U.Today
David Schwartz updated on his XRP Ledger hub, which had a brief shutdown for software upgrades. The hub has shown reliable performance, dispelling efficiency concerns. Notable updates include an XRPL software upgrade and changes to the UNL list.
UToday7h ago
XRP Traders Face Losses as Supply in Profit Hits Lows
XRP traders are experiencing significant losses, with average wallet returns down 41% and only 43.4% of the supply in profit, indicating broad market declines. The price hovers around $1.33, facing resistance while momentum remains weak.
CryptoFrontNews8h ago
