XRP Price Action Hovers at Critical Support

Cover image via U.Today 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. Critical support and bullish divergence Strong retail demand Advertisement XRP is currently testing the nerves of traders as its price action approaches a make-or-break horizontal support level. At the same time, a key technical indicator is flashing a signal that could point to an impending reversal. Coupled with strong retail accumulation, XRP finds itself in a rather peculiar spot. HOT Stories XRP Price Action Hovers at Critical Support Crypto Market Review: Did Shiba Inu (SHIB) Finally Hit Price Top? Bitcoin's Catastrophic Tumbling Might Not Be Over, Can XRP Realistically Lose $1? Critical support and bullish divergence The asset has been in a localized downtrend over the past few days. The price steadily declined from the $1.44 range on March 21, sliding down to test critical horizontal support just below the $1.38 mark by March 23. Advertisement However, the RSI indicator at the bottom of the chart has formed a distinct sequence of higher lows while the price has formed a series of lower lows. The indicator has now climbed out of the oversold territory (the 20-30 range). You Might Also Like Sat, 03/21/2026 - 11:46 $15 XRP? Ripple CTO Emeritus Responds to Critic With Surprise Take By Tomiwabold Olajide This discrepancy between the price of the Ripple-linked cryptocurrency and the momentum oscillator creates a classic bullish divergence. Advertisement This might mean that the cryptocurrency's underlying selling pressure is actually weakening. Strong retail demand According to a recent market report from 10x Research, XRP is defying broader institutional trends by riding a wave of "strong retail demand" and expanding network utility. Institutional money is heavily favoring other major Layer-1 networks. XRP ETFs, for instance, saw a meager $0.6 million in positive flows. However, according to blockchain analytics firm Santiment, the XRP Ledger recently surpassed 5.6 million wallets holding under 100 XRP. It is also worth noting that XRP spot ETFs have performed relatively well overall. Total net assets across all providers sit just above the $1 billion threshold, representing approximately 1.14% of the total XRP market capitalization, SoSoValue data shows. #Ripple News #XRP Price Prediction