Gate News, March 16 — XRP price experienced a breakthrough rally, breaking through the consolidation range seen over the past few months. In the last 24 hours, XRP rapidly surged from around $1.41 to a high of $1.4798, with trading volume soaring over 250%, reaching a peak of approximately 170 million coins traded. The current price remains above $1.4550, holding above the 100-hour simple moving average, providing support for further upward movement.
Technical analysis shows that $1.426 was a key resistance level that repeatedly prompted rebounds. Driven by strong trading volume, XRP broke through this resistance, and the short-term chart shows a series of higher lows and higher highs, indicating buyers are attempting to turn old resistance into new support. The next resistance zone for traders is between $1.48 and $1.50. Once broken, the price could further reach $1.5250 and $1.5320, or even challenge the $1.55 area.
On-chain activity on the XRP Ledger continues to grow. In Q1 2026, the total value of tokenized real-world assets on the XRP Ledger approached $1.14 billion, reflecting increased network activity and supporting the price trend. This rally is not driven by a single catalyst but results from a combination of market sentiment and on-chain activity.
On the downside, key support levels are between $1.43 and $1.44. If XRP falls below $1.4325, it would retrace about 50% of the previous rally from $1.3855 to $1.4798, with further support near $1.410 and the major support at $1.3680. Investors should monitor these levels to assess the sustainability and risks of the current rally.
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
Best Crypto Presale to Buy: Why Pepeto Targets Massive Returns Before Listings While XRP and Ethe...
The best crypto presale to buy is not always the project making the most noise. Retail buyers are trying to read a market where large caps keep trading sideways. As XRP ETF inflows hit $119.6 million in one week and the CLARITY Act heads to a Senate markup, now is the time to lock in the best crypto
BlockChainReporter4h ago
XRP Beats BTC and ETH in ETF Flows, Shiba Inu Extends Price Rally, Cardano Founder Takes Jab at XRP, Ripple CTO Emeritus Says No One Holds Satoshi’s Keys — Top Weekly Crypto News - U.Today
XRP beats Bitcoin, Ethereum, Solana and Dogecoin in 24-hour ETF flows
Cardano founder criticizes XRP
Adam Back denies Satoshi rumors again
David Schwartz explains why no one alive likely has Satoshi's keys
SHIB extends price rally amid 237% surge in burn activity
XRP beats Bitcoin, Ethereum,
UToday6h ago
