Wednesday, March 11

XRP hovered near $1.38 as trading remained muted, with the token confined to a narrowing $1.34 to $1.44 range while volumes declined.

Traders are watching whether support around $1.34 to $1.35 holds after repeated rejection near $1.44, even as on-chain activity on the XRP Ledger accelerates.

Price holds between support and resistance

The latest session saw a brief push toward $1.44 on a spike in volume, but sellers quickly rejected the move, reinforcing $1.43 to $1.44 as near-term resistance.

After that failed attempt, XRP printed lower highs on declining turnover and drifted back toward roughly $1.38, which has drawn several tests as short-term support.

This compression, with resistance near $1.44 and support clustered around $1.34 to $1.38, often precedes a larger move once liquidity returns.

Market participants say a sustained hold above $1.34 to $1.35 would keep the consolidation intact and set up another attempt at $1.44, and potentially $1.50 if momentum improves.

A break below $1.34 could weaken the structure and open the door to $1.30 to $1.32 on the downside.

Network activity increases on XRP Ledger

Despite muted price action, usage on the network has picked up.

Daily transaction counts have climbed to around 2.7 million, according to market data cited in recent reporting.

Projects focused on tokenizing real-world assets have helped lift on-chain metrics, with the value of tokenized assets on the ledger approaching roughly $461 million.

While stronger fundamentals can be constructive, near-term trading remains guided by technical levels amid relatively thin liquidity across digital assets.

ETF flows point to mixed sentiment

In broader market flows, US spot Bitcoin exchange-traded funds recorded $251 million in inflows on Tuesday, building on $167 million on Monday.

Cumulative March gains now total $1.56 billion against $576.6 million in outflows, the data provider said.

The inflows arrived even as Bitcoin briefly dropped to $69,400 on Tuesday and was last trading around $69,810, down 0.7% over the past 24 hours.

Altcoin fund flows were mixed.

Ether products turned positive with $12.6 million in inflows, while Solana funds saw no inflows, SoSoValue data showed.

US spot XRP funds posted about $3.9 million in outflows, extending a fourth straight session of redemptions, though the pace slowed compared with Monday’s larger withdrawals.

What to watch

For XRP, the key question is whether support around $1.34 to $1.35 can hold and whether participation returns to push the price through $1.44.

Until then, the token remains range-bound even as network activity strengthens and fund flows across the sector send mixed signals.

A decisive break on either side of the range is likely to define the next leg, with volume serving as the key confirmation signal.

https://invezz.com/news/2026/03/11/xrp-stalls-near-1-38-will-1-44-finally-trigger-next-rally/

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