2026-3-1 09:52 |
XRP begins the week with good news in the background, but the chart still looks careful.
Ripple CTO David Schwartz shared that Ripple has no power to block or censor transactions on the XRP Ledger.
That helped remind people that the network runs independently, even as regulation stays in focus. However, Yahoo Finance mentioned XRP as a strong long-term pick, pointing to its real use cases and the growing talk around crypto ETFs.
Still, rising tension between the US and Iran in late February shook the wider market. The XRP price fell along with everything else before finding some stability. It is trading around $1.39–$1.40.
What the XRP Chart Is ShowingOn the 1H timeframe, XRP is no longer sliding aggressively. After the sharp drop toward the $1.11 region earlier in the month, price recovered and has since been moving sideways.
The XRP price structure now shows consolidation around the $1.35–$1.45 range. That $1.40 area has become a pivot. Each dip toward it has attracted buyers, but rallies have struggled to extend much beyond the mid-$1.40s.
This kind of compression often comes before expansion. The market is no longer in panic mode, but it has not confirmed a breakout either. It’s coiling.
Source: Coinank What the Indicators Are SayingRSI on the short-term chart is hovering around the mid-range, near 45–50. That reflects neutral momentum. It’s sitting in the middle, not pushed down too far and not stretched too high.
MACD has begun to curl upward and the bars are green again, but the shift is still fresh and needs time to prove itself. Selling has slowed down, but buyers are not fully in control yet.
OBV has stopped falling, which means heavy selling has eased. Trading volume is back to normal after the big spike during the drop. Volatility has contracted. In simple terms, the market is balanced for now.
Read Also: Chainlink (LINK) Breakdown Ahead? Analyst Flags Power of 3 Pattern Targeting Lower Liquidity
XRP Price Targets to Watch This WeekIf XRP remains above the $1.38 to $1.40 region, the next level to watch would be the $1.50 region.
If the buyers can get the price through the $1.50 region, the price could potentially go as high as the $1.65 region. After that, the next level to watch would be the $1.85.
If the XRP price falls below the $1.35 region, the next region to watch would be the $1.25 region. If the price falls below the $1.25
Right now, XRP is choosing its direction. The news sounds positive, but the chart hasn’t fully turned up yet. This week should show whether price starts climbing, or dips again before trying.
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The post Here’s Where XRP Price Could Be Headed This New Week appeared first on CaptainAltcoin.
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