XRP Ledger Loses Crucial Three Million Threshold as Price Slides Below $1.50

XRP Ledger Loses Crucial Three Million Threshold as Price Slides Below $1.50

Source: UToday

Published:11:38 UTC

BTC Price:$70078.4

#XRP #Crypto #Bearish

Analysis

Price Impact

Med

The article highlights a decline in xrp's price below $1.50 and a drop in daily transactions below the 3 million threshold, indicating potential reduced network activity and demand. while buyers are showing some support around $1.40, the price is still below key moving averages, suggesting continued pressure.

Trustworthiness

Med

Price Direction

Bearish

The price has slid below $1.50 and is failing to break higher highs. it's trading below significant moving averages (50-day and 100-day emas), which are acting as resistance. the decrease in transaction activity also points to waning momentum.

Time Effect

Short

The analysis focuses on recent price action and on-chain data, discussing the immediate pressure and potential for continued decline unless transaction activity picks up and resistance levels are reclaimed.

Original Article:

Article Content:

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Where buyers might step in Transactions stay high Advertisement As its on-chain activity and market structure both appear to be deteriorating, XRP is under fresh pressure . Recently, the asset fell below the $1.50 mark, continuing a longer-term downward trend that began several months ago. Although there have been brief upturns, they have repeatedly failed to break the pattern of lower highs, leaving XRP in a technically precarious situation. Where buyers might step in With buyers intervening around the $1.40 range, the most recent price action shows XRP trying to stabilize following a steep decline earlier this year. Recent sessions have seen the formation of a small ascending structure, indicating the emergence of some support. HOT Stories Billion Dollar XRP Treasury Vehicle Evernorth Prepares for Nasdaq Listing Crypto Market Review: Bitcoin (BTC) Not Giving up on $80,000, Ethereum (ETH) Has Golden Cross Potential, Is XRP at Risk of Losing $1.50 for Good? XRP/USDT Chart by TradingView XRP is still trading below important moving averages, such as the 50-day and 100-day EMAs, which are both trending lower and serving as dynamic resistance, but this recovery is still modest. Advertisement On-chain data is also raising additional issues at the same time. The XRP Ledger has fallen below the threshold of three million transactions per day, which used to indicate steady network activity. Transactions stay high Transaction counts are slightly below that threshold in the most recent reading, suggesting a drop in network usage and engagement. Because transaction activity is frequently used as a stand-in for actual demand and utility within a blockchain ecosystem, this loss of the three million threshold is noteworthy. You Might Also Like Wed, 03/18/2026 - 15:15 XRP Long Traders Flood Binance as Price Fights to Hold $1.50 Support By Godfrey Benjamin Advertisement A decrease in activity may indicate a temporary slowdown in usage, lower demand for the asset or decreased network participation. Concerns regarding the asset’s short-term prospects are heightened in the case of XRP because the decline occurs during a period when price action is already under pressure. In spite of these changes, the XRP Ledger’s overall situation is still more neutral than outright pessimistic. Activity levels are still historically high in comparison to previous cycles, and the network is still processing a significant amount of transactions. The recent decline below the three million mark, however, raises questions and implies that momentum is waning. The asset may continue to be under pressure in the near future unless transaction activity picks up and the price reclaims important resistance levels. #XRP #XRP Ledger