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Seeking Alpha 2026-03-16 18:25:00

XRP Price Rebounds Near $1.47 As Selling Pressure Eases

Summary XRP changed directions near $1.47 after trading near the $1.40 region recently. The recent floor shifted higher from the $1.37 area toward the $1.40 zone. Bitcoin pushed into the mid-$73,000 area, helping the broader crypto space. By Ezequiel Gomes ​XRP ( XRP-USD ) traded around $1.47 on Monday, March 16, extending the recovery from last week’s $1.37-1.40 area. The token is currently on firmer footing than it showed in the first half of March. The chart has improved, but not enough to call it a clean breakout. XRP spent the past several sessions climbing away from the mid-$1.30 region, and that matters because it shows dip buyers have been willing to step in sooner than they were a week ago. The upper $1.40 area now looks like the next real test for XRP. If buyers can keep it above $1.45, this rebound may start to look like a more serious rebuild, with $1.50 coming into view. If the price drops back toward the low $1.40, the market may start reading the move as another short-lived bounce inside a rough range. The rise has come with stronger volume, and that helps give it more credibility. Even with that improvement, XRP remains below the zone that would signal the larger downside trend from earlier this year has truly been broken. XRP price dynamics (February 2026-March 2026) (Source: TradingView) A steadier tape but selective demand The broader crypto market is currently more constructive, with Bitcoin trading above $73,000 and briefly pushing higher during the day. That stronger movement gave XRP a better backdrop than it had during the earlier March pullback. At the same time, the latest fund flows picture has stayed uneven. Recent digital asset inflows were still concentrated mostly in Bitcoin, while XRP had been on the weaker side of the allocation mix, which helps explain why the token has recovered but has not yet separated itself from the pack. There has also been fresh company-specific news around Ripple’s international expansion, including a move to secure an Australian financial services license. That does not change XRP’s chart by itself, but it adds to the sense that the ecosystem around the token is still developing even while price action remains range-bound. What traders may be watching next If XRP can stay above the mid-$1.40 and start closing above the upper end of this week’s range, the market could begin to treat the recent move as more than a relief bounce. In that case, attention would likely turn to whether momentum can carry into a broader recovery phase. If the token falls back under the low $1.40, the setup would look less secure and put the March floor back in focus. That would leave XRP trading more like a coin still trapped inside a choppy repair phase than one ready to break into a stronger uptrend. XRP remains one of the clearest tokens for traders expressing a view on how the U.S. crypto space may evolve. That keeps its price action tied not just to chart levels, but also to whether policy uncertainty starts to narrow in a way that draws broader capital back into altcoins. This material may contain third-party opinions; none of the data and information on this webpage constitutes investment advice according to our Disclaimer . While we adhere to strict Editorial Integrity , this post may contain references to products from our partners. Original Post

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