Key Takeaways
- XRP (XRP) currently trades at $1.39 following a 3.46% decline over 24 hours
- The digital asset is finding stability around the crucial $1.40 support zone
- A successful breach of the $1.45–$1.50 resistance band may indicate bullish reversal
- The Relative Strength Index stands at 46, indicating subdued buying momentum
- Further weakness below $1.3850 may lead to extended losses toward $1.3620
XRP (XRP) is maintaining its position around a critical support threshold following consecutive sessions of downward pressure. The cryptocurrency has retreated from its recent peak and is now establishing a consolidation pattern near the $1.40 level.
Current market data shows XRP changing hands at $1.39. CoinMarketCap reports trading volume of $3.16 billion with a market capitalization of $85.87 billion. The digital asset has experienced a 3.46% decline in the preceding 24-hour period.
In recent trading sessions, XRP managed to climb above the $1.41 and $1.42 thresholds before reaching an intraday peak of $1.4650. However, this rally was short-lived as profit-taking emerged, driving the price back underneath both the $1.45 and $1.44 levels.
The cryptocurrency has fallen beneath the 61.8% Fibonacci retracement level calculated from the upward move spanning $1.3612 to $1.4650. Demand materialized around $1.3850, coinciding with the 76.4% Fibonacci retracement, preventing additional downside momentum.
Market analyst BitGuru highlighted on March 24 that XRP is currently positioned within what he identifies as a strategic accumulation zone. According to his assessment, the price behavior follows a falling wedge breakdown, suggesting XRP may be establishing a foundation around $1.40.
$XRP is moving inside a key accumulation zone after a long downtrend and recent falling wedge breakdown.
Price is now stabilizing around 1.40 support, showing signs of base formation. If buyers manage to push and hold above 1.45–1.50 resistance. pic.twitter.com/AFIZozlx3b
— BitGuru 🔶 (@bitgu_ru) March 24, 2026
Momentum Indicators Reflect Caution
The Relative Strength Index currently registers approximately 46, remaining beneath the pivotal 50 threshold. This positioning indicates that bearish forces continue to dominate market sentiment at present.
XRP is positioned below its 20-day simple moving average of $1.41 and significantly beneath the 200-day moving average at $2.09. The configuration of moving average ribbons displays a bearish alignment.
The MACD histogram remains neutral with signal lines residing in negative space. The absence of a bullish crossover indicates that momentum has not yet transitioned in favor of buying pressure.
Critical Price Thresholds Under Observation
Looking at overhead resistance, the immediate barrier stands near $1.4250. Successfully clearing this level would expose $1.44, followed by $1.4650.
A decisive move beyond $1.4650 could establish targets at $1.50 and subsequently $1.5250. For any sustainable recovery, bulls must defend territory above $1.4250.
Should XRP struggle to generate upward momentum, initial support emerges at $1.40. Additional support zones are identified at $1.3850 and $1.3620.
A daily close beneath $1.3620 may trigger further decline toward $1.35 or potentially $1.3320.
This trendline could offer a strong buying opportunity for $XRP! pic.twitter.com/rdyxCeal1s
— Ali Charts (@alicharts) March 20, 2026
Technical analyst Ali Charts indicated via X that an important trendline may present a compelling buying opportunity for XRP, highlighting the present support region as a potentially favorable entry point.
XRP maintains trading above the $1.40 mark and the 100-hourly Simple Moving Average, with current price action reflecting cautious sentiment among market participants.
