XRP drops 3% after failing to break $1.45 resistance
first published 2026-03-05T14:00:14Z
XRP traded around $1.4282 after a February consolidation, ~28% above its YTD low. Spot XRP ETFs logged seven consecutive days of inflows (added $4.2M Wednesday; cumulative $1.26B). CryptoQuant shows >7 billion XRP left exchanges in February and exchange reserves sit at multi‑year lows. Ripple’s RLUSD stablecoin holds over $1.5B with daily volume above $1.5B. Technicals show a double‑bottom at $1.3350, a neckline near $1.6638, momentum turning positive, and a bullish target to the neckline; the bullish case is invalidated below $1.3350.
AI Analysis
Spot XRP ETFs have seen continuous inflows (seven days, $4.2M added on Wednesday, cumulative $1.26B) and CryptoQuant reports >7 billion XRP exited exchanges in February with reserves at multi‑year lows — both are direct on‑chain and fund‑flow indicators of accumulation. Technical patterns noted: double‑bottom at $1.3350, neckline near $1.6638, and momentum turning positive; bearish invalidation cited below $1.3350.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
Source Articles
- XRP price eyes a rebound as ETF inflows rise, exchange outflows rise - Crypto News
- Ripple CTO Emeritus Shares Candid Truth about XRP and Crypto Market - U.Today
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- Crypto Market Crash: Top Analyst Reveals What’s Next For Bitcoin, Ethereum and XRP - Coinpedia
- Cardano’s Charles Hoskinson Has One Question For XRP Community and It Might Be Worth Listening To - Coinpedia
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- XRP Faces Liquidity Crunch on Binance, Shiba Inu Burn Rate Jumps 53,954%, Rockefeller Buys 146% Stake in Saylor’s Strategy — U.Today Crypto Digest - U.Today
- Crypto Market Review: XRP is Blocked Between Two Levels, Bitcoin's (BTC) First Key Resistance Updated, Did Shiba Inu (SHIB) Finally Bottom? - U.Today
- XRP ETFs Cross $1.1B in Assets as Bitwise Fund Leads Expanding US Institutional Market - Bitcoin.com
- XRP Signals Potential Short-Squeeze Setup as Binance Funding Rates Turn Deeply Negative - Bitcoin.com
- XRP drops 3% after failing to break $1.45 resistance - CoinDesk
