XRP climbs 3% past $1.47 as breakout extends on broad bitcoin-led move

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP climbs 3% past $1.47 as breakout extends on broad bitcoin-led move Volume jumped more than 250% during the move, with traders watching whether former resistance now turns into support. By Shaurya Malwa Mar 16, 2026, 5:30 a.m. Make us preferred on Google What to know : XRP broke above a long-standing resistance around $1.426 after months of sideways trading, shifting short-term momentum in favor of buyers. The move, which lifted the token from about $1.41 to $1.47 on surging volume, comes as activity and tokenized real-world assets on the XRP Ledger continue to climb. Traders are watching whether XRP can hold support near $1.43–$1.44, with a sustained base there opening the door to a push toward $1.50–$1.55, while a drop back below $1.43 could send it toward $1.39–$1.40. XRP pushed higher after clearing a key resistance level, extending a breakout from a multi-month consolidation range. News Background XRP’s latest move comes after several months of sideways trading, where the token repeatedly failed to sustain rallies above the mid-$1.40 area. The breakout marks the first clear move above that ceiling since early 2026, shifting short-term momentum toward buyers. While the price advance lacked a clear XRP-specific catalyst, activity on the XRP Ledger has continued to rise. Tokenized real-world assets on the network recently climbed sharply, with the value of tokenized commodities approaching $1.14 billion during the first quarter. Price Action Summary XRP rose from about $1.41 to $1.47 during the latest 24-hour session The token broke through the $1.426 resistance zone that capped previous rallies Trading volume spiked to roughly 170 million tokens during the breakout XRP traded within a roughly 5% intraday range Technical Analysis The key development was the breakout above $1.426, which had acted as a ceiling throughout recent consolidation. Once the level cleared on strong volume, price accelerated quickly toward the $1.47 area. Short-term charts show a sequence of higher lows forming after the breakout, suggesting buyers are attempting to turn the former resistance zone into support. Momentum remains constructive while XRP holds above roughly $1.43. The next technical barrier sits near the $1.48–$1.50 area, where previous rallies have stalled. What traders say is next? Traders are now focused on whether XRP can maintain support above the $1.43–$1.44 breakout level. If that zone holds, the token could extend the move toward $1.50 and potentially the $1.55 region as momentum builds. However, a drop back below $1.43 would weaken the breakout and could pull XRP back toward the previous consolidation range near $1.39–$1.40. More For You Bitcoin briefly tops $74,000 as ether, sol, ada gains as much as 6% in Monday surge By Shaurya Malwa 15 minutes ago Majors posted broad gains on Monday as oil eased from highs, two tankers sailed through the Strait of Hormuz for the first time since the war began, and Trump said the U.S. was talking to Iran. What to know : Bitcoin broke above the $74,000 level after multiple failed attempts, leading a broad crypto rally that saw ether, solana and other major tokens post their strongest weekly gains since before the war. Signs of de-escalation in the Strait of Hormuz, including limited reopening to commercial shipping and softer rhetoric from Iran, eased oil prices and weakened the dollar, improving liquidity conditions for risk assets like cryptocurrencies. With risk appetite returning and altcoins outperforming bitcoin, investors are now focused on the Federal Reserve's March 17-18 meeting, where the dot plot and Chair Jerome Powell's comments will shape expectations for potential rate cuts. Read full story Latest Crypto News Bitcoin briefly tops $74,000 as ether, sol, ada gains as much as 6% in Monday surge 15 minutes ago Bitcoin's price trades above its 50-day average as bullish move gathers pace 48 minutes ago Crypto trading firm Blockfills has filed for bankruptcy 1 hour ago The SEC and CFTC join hands: State of Crypto 9 hours ago Crypto’s age of hype is over, making way for the real infrastructure to be built 10 hours ago Bitcoin set for best week since September 2025 as correlation with tech stocks weakens 12 hours ago Top Stories The math behind Strategy’s path to 1 million bitcoin by the end of 2026 Mar 14, 2026 AI developers may not be keen on crypto, but stablecoins are the secret to agentic finance, crypto insiders say Mar 14, 2026 Wall Street pushes tokenized stocks, but institutions aren’t eager to trade them Mar 14, 2026 Here is why Nasdaq and owner of NYSE are putting the $126 trillion equity market on blockchain 13 hours ago Visa is ready for AI agents. So is Coinbase. They're building very different internets 16 hours ago AI agents are quietly rewriting prediction market trading 17 hours ago