Key Takeaways
- XRP currently sits at $1.39, reflecting a 3.46% decline over the past day
- The cryptocurrency is finding stability at the critical $1.40 support zone following recent weakness
- A successful move above the $1.45–$1.50 resistance range could indicate renewed bullish momentum
- Relative Strength Index stands at 46, beneath the neutral threshold of 50, indicating limited buying pressure
- Failure to hold $1.3850 may lead to further downside toward $1.3620 or deeper levels
XRP is maintaining position near a pivotal support zone following sustained bearish pressure. The digital asset has retraced from its recent peak levels and is now experiencing consolidation in the vicinity of $1.40.
As of this analysis, XRP is changing hands at $1.39. Current 24-hour volume stands at $3.16 billion with a market capitalization of $85.87 billion, per CoinMarketCap data. The asset has surrendered 3.46% of its value over the last 24 hours.
The token recently climbed through the $1.41 and $1.42 thresholds before reaching a session high of $1.4650. Subsequently, bearish momentum emerged, forcing the price beneath both $1.45 and $1.44 levels.
XRP declined below the 61.8% Fibonacci retracement level of its upward movement from $1.3612 to $1.4650. Support materialized around $1.3850, corresponding to the 76.4% Fibonacci level, preventing a more significant correction.
Cryptocurrency market analyst BitGuru highlighted on March 24 that XRP is currently positioned within what he identifies as a significant accumulation zone. According to his assessment, the price behavior follows a break from a descending wedge formation, and XRP seems to 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
Technical Metrics Show Cautious Sentiment
The Relative Strength Index is positioned near 46, remaining beneath the neutral 50 mark. This configuration indicates that bearish forces continue to dominate the near-term price action.
XRP is currently positioned below its 20-day moving average of $1.41 and substantially beneath the 200-day moving average at $2.09. The moving average structure displays a bearish alignment.
The MACD indicator remains horizontal and positioned in negative territory. Without a bullish crossover signal, momentum has not yet transitioned to favor buyers.
Critical Price Levels to Monitor
Looking at potential upside movement, initial resistance appears near $1.4250. Successfully breaching this level would expose $1.44 as the next hurdle, followed by $1.4650.
A decisive push above $1.4650 would bring $1.50 into focus, with $1.5250 as a subsequent target. Maintaining ground above $1.4250 would be essential for bulls to sustain any upward momentum.
Should XRP struggle to advance higher, immediate support rests at $1.40. Additional support layers exist at $1.3850 and $1.3620.
A daily close beneath $1.3620 may open the path 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
Market analyst Ali Charts shared on X that an important trendline may provide a compelling buying opportunity for XRP, identifying the present support zone as a favorable entry point.
XRP remains positioned above both $1.40 and the 100-hourly Simple Moving Average, with current price dynamics reflecting a cautious stance among market participants.
