Key Takeaways

  • XRP maintains a position between $1.36 and $1.39, supported by the crucial $1.33 level
  • Technical analysts identify a symmetrical triangle formation with a potential upside target of $2.06
  • Investment products tracking XRP experienced $30 million in capital withdrawals during the previous week
  • XRPL recorded a 2.5% increase in stablecoin supply over seven days, reaching $426 million
  • Critical resistance zones are positioned at $1.42, followed by $1.53 and the $1.75–$1.80 range

As of March 10, 2026, XRP maintains a trading position near $1.37 following a recovery from $1.34. The digital asset experienced a decline approaching 8% from its weekly peak at $1.46 before establishing support.

xrp price
XRP Price

The pullback occurred alongside Bitcoin’s retreat driven by inflation data concerns and escalating geopolitical tensions across the Middle East region. During Asian trading sessions on March 10, XRP climbed approximately 4%, reaching an intraday peak of $1.39.

Since reaching its all-time high of $3.66 in July, XRP has entered a corrective phase. Weekly chart analysis reveals a pattern of descending peaks and troughs, indicating near-term bearish momentum.

However, the diminishing size of recent candlesticks suggests price action is entering a consolidation phase rather than experiencing sustained decline.

Technical Formation: Symmetrical Triangle Develops

Daily chart analysis reveals XRP is developing a symmetrical triangle formation. This technical pattern emerges when price action oscillates between two converging trendlines that connect successive highs and lows.

A successful breach above the upper boundary would signal bullish momentum. Market analysts are monitoring the 23.6% Fibonacci retracement level at $1.42 as the primary resistance barrier.

Should XRP successfully break through $1.42, the measured move target derived from the triangle pattern extends to approximately $2.06. This represents roughly a 50% advance from current trading levels.

The MACD indicator displays upward momentum, while the RSI has established a bullish divergence against recent price movement. These technical signals indicate weakening selling pressure.

On March 9, analyst JD highlighted that XRP continues to respect a long-term ascending trendline originating from early accumulation phases below $0.01. Historical data shows each retest of this trendline has attracted substantial buyer interest.

The $3.30–$3.50 zone represents a significant resistance barrier for sustained long-term appreciation. Technical interpretation of this area varies between an ascending triangle formation and a rising wedge pattern.

Investment Flows and Blockchain Metrics

CoinShares data reveals XRP-focused investment vehicles experienced $30 million in withdrawals during the past week. Current assets under management total approximately $2.4 billion, while year-to-date inflows remain positive at $123 million.

US-listed spot XRP ETFs registered $22 million in net withdrawals across the most recent two-week period, ending a four-week streak of positive flows.

Futures Open Interest currently stands at $2.25 billion, representing a substantial decrease from the July high of $10.94 billion.

Meanwhile, DeFiLlama data shows stablecoin supply on the XRP Ledger expanded 2.5% during the past seven days to reach $426 million. Increased stablecoin presence on-chain generally indicates expanding liquidity and elevated trading activity within the ecosystem.

The immediate support level rests at $1.33. A breakdown below this threshold could expose the $1.27 level. Upside resistance levels are established at $1.42, $1.53, and the $1.75–$1.80 zone.