XRP news: Buyers defend key $2.26 support as Ripple expands cross-border solutions
For now, the growth of the XRP is limited to 1.3%
XRP price has rebounded from a five-day low of $2.226, reached after breaking below the critical $2.26 support level. Despite the drop, buyers managed to reclaim ground above this level, pushing the price to $2.3 during the European session on March 19. However, gains have been limited to just 1.3% so far, as XRP faces a key technical hurdle.
The recent price drop came amid broader market uncertainties, but XRP’s gradual recovery aligns with renewed optimism about its long-term adoption. Ripple, the company behind XRP, continues to expand its cross-border payment solutions, strengthening its position in institutional finance.
Some market analysts, including cryptocurrency expert Edo Farina, suggest that XRP could overtake Ethereum in market value within three months if it maintains its trajectory. While this prediction remains controversial, XRP supporters argue that it's growing regulatory clarity and utility could attract more institutional investment.
XRP 4-hour RSI approaches bullish territory, but daily chart remains neutral
XRP price dynamics (March 2025). Source: TradingView.
On the 4-hour chart, XRP’s recovery faces immediate resistance at the 50 EMA, which currently aligns with the $2.31 level. If bulls manage to push the price above this resistance, it could pave the way for further gains. Meanwhile, the 4-hour RSI is attempting to cross into bullish territory, indicating strengthening buying momentum. However, the daily RSI remains near the neutral level, reflecting hesitation among traders.
If XRP fails to clear the 50 EMA resistance at $2.31, another retracement could test the $2.26 support level, providing buyers with a fresh opportunity to establish long positions. A successful move past this level could drive further upside, while rejection at resistance may lead to another test of lower support. Market participants should closely monitor whether XRP can maintain upward momentum or if sellers will regain control.
Regulatory uncertainty has kept XRP's broader outlook unclear despite recent gains. The price tested $2.26 resistance but struggled to break through due to selling pressure.
