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XRP Price Eyes $1.50 Retest as Resistance Holds

XRP Price Eyes $1.50 Retest as Resistance Holds

2026-03-16

Xrp

XRP has seen increased market activity, and the cryptocurrency is exhibiting signs of increased market participation. While the cryptocurrency faces resistance, its underlying network utility continues to improve.

Currently, XRP is trading at $1.4757, reflecting a 4.01% increase in the past 24 hours. Currently, the cryptocurrency has a market capitalization of $90.15 billion, a trading volume of $3.72 billion, and a market dominance of 3.65%, indicating increased market activity.

Source: TradingView

XRP Futures Open Interest Climbs 16.5%

XRP futures open interest has increased by 16.5% in the past week, rising to $1.62 billion from $1.39 billion, according to a recent post by crypto analyst Ali Martinez. The growth comes as the market continues to digest overleveraged positions from 2025, which have largely been cleared. Analysts see this cleanup as a positive development, reducing price pressure from previously active large positions.

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ETF Inflows Could Drive $1.76 Break

Technically, XRP is facing significant resistance in the range of $1.44 to $1.55. Recently, the token faced resistance at $1.45 but sold off back down to $1.39. However, breaking this horizontal channel is important for the token to try to push upwards towards $1.50. If this support level is broken, we might even see a fall to $1.34 or $1.37.

Source: TradingView

Fundamentally, XRP Ledger is still going strong, with more than 2.7 million transactions per day. In addition, RLUSD is gaining more usage. However, this is not being reflected in the price. This is creating a significant price disconnect between on-chain usage and market capitalization. Another factor affecting the token is investor behavior. 

Recently, 1.85 billion tokens, worth $2.83 billion, were bought in the range from $1.76 to $1.80. These investors are now facing a significant loss. This is one of the token’s significant areas of resistance. Another factor is Bitcoin’s price, which is currently near $75,000. Token is still below its four major moving averages: $1.46, $1.64, $1.85, and $2.08. Recovery in ETF inflows is also important for XRP. 

With these dynamics in play, the token’s short-term outlook suggests cautious optimism. If support holds, a retest toward $1.50 remains possible, while fundamental growth on the ledger could support a more sustained recovery over time.

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