The post What next for Ripple-linked token as it fails to break above $1.45 appeared on BitcoinEthereumNews.com. XRP moved lower after another rejection near resistanceThe post What next for Ripple-linked token as it fails to break above $1.45 appeared on BitcoinEthereumNews.com. XRP moved lower after another rejection near resistance

What next for Ripple-linked token as it fails to break above $1.45

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

XRP moved lower after another rejection near resistance, with rising volume confirming sellers remain in control of the short-term trend.

News Background

  • XRP has struggled to regain momentum since its July 2025 peak, continuing to trade within a broader corrective structure. The token remains roughly 60% below that high as market participants debate whether the current consolidation represents accumulation or continuation of the downtrend.
  • Institutional positioning has offered mixed signals. Spot XRP ETFs have accumulated roughly $1.24 billion in inflows over the past four months, while on-chain data shows large wallets adding to positions during recent dips.
  • At the same time, derivatives activity has cooled significantly, with open interest declining sharply since late 2025 as leverage unwinds across crypto markets.
  • Ripple’s supply dynamics also remain steady. The company re-locked 700 million XRP into escrow on March 1 as part of its routine supply management cycle.

Price Action Summary

  • XRP declined 3.3%, falling from $1.4588 to $1.4108
  • Price repeatedly failed to hold above the $1.43–$1.45 resistance zone
  • Volume surged 74% above average during the main selloff
  • A late-session break below $1.411 confirmed downside momentum

Technical Analysis

  • The key technical event was the rejection from the $1.43–$1.45 resistance band, which triggered a sequence of lower highs and reinforced the prevailing descending channel structure.
  • Once $1.411 support gave way on elevated volume, downside momentum accelerated, pushing XRP toward the $1.40 area. Short-term structure now favors sellers while price remains below the prior support zone.
  • Despite the weakness, the broader chart shows compression forming between downward resistance and rising support, with a potential triangle structure approaching its apex. This suggests the market may be nearing a larger directional move once current consolidation resolves.
  • Key levels now cluster around $1.40 support and $1.43–$1.45 resistance.

What traders say is next?

  • Traders are closely watching whether XRP can stabilize above $1.40.
  • Holding this level could allow the token to consolidate before attempting another move toward $1.45 and eventually $1.55, which analysts view as the first level that would weaken the broader bearish structure.
  • A break below $1.40, however, would likely shift focus toward deeper support around $1.33, with some analysts pointing to the $1.00 zone as a potential longer-term reset area if selling pressure accelerates.

Source: https://www.coindesk.com/markets/2026/03/06/xrp-drops-3-after-failing-to-break-usd1-45-resistance

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0,0005216
$0,0005216$0,0005216
+0,01%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Dogecoin Price Could See A Major Spike To $10 If This Trend Repeats

Dogecoin Price Could See A Major Spike To $10 If This Trend Repeats

The Dogecoin price may be on the verge of its most historic rally yet, as a crypto market analyst has boldly forecasted an explosive rally to $10. Pointing to historical
Share
Bitcoinist2026/03/07 05:30
‘Obscene’: Grammarly’s New AI Tool Offers Writing Feedback From Dead Scholars

‘Obscene’: Grammarly’s New AI Tool Offers Writing Feedback From Dead Scholars

The post ‘Obscene’: Grammarly’s New AI Tool Offers Writing Feedback From Dead Scholars appeared on BitcoinEthereumNews.com. In brief Grammarly’s “Expert Review”
Share
BitcoinEthereumNews2026/03/07 05:31