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XRP Price Gathers Strength, Traders Anticipate $1.50 Break

By Aayush Jindal · Published March 5, 2026 · 2 min read · Source: NewsBTC
TradingAltcoinsMarket Analysis
XRP Price Gathers Strength, Traders Anticipate $1.50 Break

XRP price started a decent increase above $1.420. The price is now consolidating gains and might aim for more gains above the $1.450 zone.

XRP Price Extends Gains

XRP price started a decent upward move above $1.40 and $1.420, like Bitcoin and Ethereum. The price gained pace for a clear move above the $1.450 resistance.

There was a break above a key bearish trend line with resistance at $1.3880 on the hourly chart of the XRP/USD pair. The bulls even pumped the price toward the $1.4650 zone. A high was formed at $1.4739 and the price started a consolidation phase. There was a drop below the 23.6% Fib retracement level of the upward move from the $1.3362 swing low to the $1.4739 high.

The price is now trading above $1.40 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.4420 level. The first major resistance is near the $1.450 level, above which the price could rise and test $1.4750.

XRP Price

A clear move above the $1.4750 resistance might send the price toward the $1.50 resistance. Any more gains might send the price toward the $1.520 resistance. The next major hurdle for the bulls might be near $1.550.

Downside Correction?

If XRP fails to clear the $1.4420 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.420 level. The next major support is near the $1.4050 level or the 50% Fib retracement level of the upward move from the $1.3362 swing low to the $1.4739 high.

If there is a downside break and a close below the $1.4050 level, the price might continue to decline toward $1.3880. The next major support sits near the $1.3680 zone, below which the price could continue lower toward $1.350.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $1.420 and $1.4050.

Major Resistance Levels – $1.4420 and $1.4750.

This article was originally published on NewsBTC and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

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