XRP Surges Toward $1.43 After Rebounding From $1.33 Demand Zone — Is $1.50 the Next Test?

CryptoNewsLand
XRP1,51%
  • XRP recovered out of the $1.33 Fibonacci demand pocket, with price supported at the $0.618 level at $1.3329.

  • The chart shows that, above the price of $1.34, there are several higher lows structures, representing a sustained recovery following the earlier fall just around the price of $1.26.

  • XRP is currently nearing the level of resistance of $1.42-1.43 and the next substantial level of resistance is at approximately $1.50.

XRP price increased after a recovery of one of the significant Fibonacci demand zones on the chart. XRP was trading at $1.41 and it increased by 4.3 percent in the last 24 hours. The XRP price rose following a rebound of one of the major Fibonacci demand zones on the chart.

The chart shows a rebound that started at around $1.33, whereby price penetrated a Fibonacci demand pocket. That area includes the 0.618 level at $1.3329 and the 0.5 level at $1.3520. Since then, the market has produced several higher lows while moving toward overhead resistance levels.

Fibonacci Demand Zone Supports Price Recovery

As indicated in the chart, the trend was evidently downwards in the past with the price action steadily decreasing and a red trend line. That decline eventually pushed XRP toward a local bottom near $1.26.

$XRP: BOOM! I don’t want to sound like i’m blowing my own trumpet, but Nerd nailed this local $XRP bottom on the expected $1.33 FIB Demand Pocket. During this relief, $1.43 is the next level to clear before the real test at $1.50. Work to do, but we’re on the right track. pic.twitter.com/Lt8bkIrguC

— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) March 10, 2026

It is important to note that the recovery was accelerated as soon as XRP broke the Fibonacci demand pocket of $1.33. The retesting zone was between $1.3329 and $1.3520 which served as support. The results of every test gave a visible high low on the chart.

These repeated higher lows appear across several sessions. As a result, price gradually shifted into a recovery structure. The green support line near $1.34 now reflects the current support level identified in market data.

Structure Forms After Liquidity Sweep

The chart also marks a BS sweep, which occurred during a sharp upward move earlier in the week. That movement pushed XRP briefly above $1.46 before price pulled back again. Before that rally, price interacted with several notable levels. The chart identifies $1.4308 as a previous reaction point. This level now aligns closely with the $1.43 resistance zone highlighted on the chart.

However, the broader resistance structure extends higher. A larger horizontal barrier appears near $1.50, which also aligns with a marked high around $1.4943. Consequently, the market now approaches the lower boundary of this resistance cluster. XRP recently traded within a 24-hour range approaching $1.42, which sits just below the resistance area.

Key Levels Shaping Today’s Trading Range

The chart structure now focuses on the interaction between $1.34 support and the $1.42–$1.43 resistance zone. XRP currently trades slightly below that resistance level. When the price goes above $1.43, the chart indicates there is open space between the price and the next resistance point around $1.50. That level represents the highest marked barrier on the chart.However, rejection near $1.42 or $1.43 could shift price back toward $1.34 support. A move below that level would bring the $1.33 Fibonacci demand pocket back into focus. Therefore, today’s price movement may develop between $1.34 and $1.43 while the market tests these nearby technical levels.

Aviso legal: La información de esta página puede proceder de terceros y no representa los puntos de vista ni las opiniones de Gate. El contenido que aparece en esta página es solo para fines informativos y no constituye ningún tipo de asesoramiento financiero, de inversión o legal. Gate no garantiza la exactitud ni la integridad de la información y no se hace responsable de ninguna pérdida derivada del uso de esta información. Las inversiones en activos virtuales conllevan riesgos elevados y están sujetas a una volatilidad significativa de los precios. Podrías perder todo el capital invertido. Asegúrate de entender completamente los riesgos asociados y toma decisiones prudentes de acuerdo con tu situación financiera y tu tolerancia al riesgo. Para obtener más información, consulta el Aviso legal.

Artículos relacionados

Where Could Ripple’s XRP Price be Headed This Week?

News around XRP shows strong network usage and growing interest from big financial players, but not everyone in the community agrees on Ripple’s latest moves. Goldman Sachs has a lot of money invested in XRP, about $154 million. This shows that big companies are really interested in XRP

CaptainAltcoinHace7m

Los XRP ETF ven solo nueve días rojos desde su lanzamiento con Goldman Sachs liderando las tenencias

Los ETFs spot de XRP han registrado un flujo neto negativo de solo 9 días desde su lanzamiento a principios de noviembre; los flujos netos acumulativos alcanzaron $1.4 mil millones. A finales de 2025, Goldman Sachs tenía $154 millones en valor de los ETFs, encabezando la lista de los 30 mayores tenedores. Los fondos cotizados en bolsa spot de XRP han

CryptoNewsFlashhace1h

Ripple Establecida para Recomprar $750M en Acciones a Pesar de la Caída de Precio de XRP

Ripple planea recomprar hasta $750 millones en acciones de inversores y empleados antes de finales del próximo mes, según han revelado fuentes internas. Las recompras valorarían la empresa en $50 mil millones y llegan seis meses después de que un plan similar para recomprar $1 mil millones en acciones de empleados fracasara. Ripple

CryptoNewsFlashhace1h

Hoạt động thanh toán trên XRP Ledger tăng hơn 15% dù giá XRP giảm

XRP Ledger (XRPL) experiences a 15.7% increase in payment volume, despite XRP's price dropping over 3%. This suggests sustained demand for the network, indicating ongoing use by payment providers and financial institutions.

TapChiBitcoinhace5h
Comentar
0/400
Sin comentarios