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

Crypto News Land
XRP-0.61%
  • 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.

免责声明:本页面信息可能来自第三方,不代表 Gate 的观点或意见。页面显示的内容仅供参考,不构成任何财务、投资或法律建议。Gate 对信息的准确性、完整性不作保证,对因使用本信息而产生的任何损失不承担责任。虚拟资产投资属高风险行为,价格波动剧烈,您可能损失全部投资本金。请充分了解相关风险,并根据自身财务状况和风险承受能力谨慎决策。具体内容详见声明

相关文章

XRP 今日新聞:五年法律戰終結,監管清晰後價格反跌

美國證券交易委員會(SEC)和商品期貨交易委員會(CFTC)發佈加密資產分類框架,將XRP確定為「數位商品」,結束五年監管爭議。儘管這一消息一度推高XRP價格,但隨後因利率政策及市場情緒影響而回落。市場關注3月27日的XRP ETF申請截止日,若獲批准可能成為新的催化劑。

Market Whisper刚刚

加密货币投资基金本周流出 19 亿美元,XRP 价格维持 1.44 美元

Gate News 消息,3 月 20 日,加密货币投资基金本周录得 19 亿美元资金流出。FOMC 决议公布后,机构投资者选择获利了结并降低风险敞口。同期,XRP 价格维持在 1.44 美元水平。

GateNews1小时前

加密投资基金周度流出 19 亿美元,XRP 价格维持 1.44 美元

Gate News 消息,3 月 20 日,加密投资基金录得 19 亿美元周度资金流出。在 FOMC 决议后,机构投资者获利了结并降低风险敞口。与此同时,XRP 价格维持在 1.44 美元水平。

GateNews1小时前

Crypto Market Review: XRP Takes Beating at $1.50, Did Shiba Inu Lose All Hope for $0.00001? Dogecoin's (DOGE) Price Reset Point Is Clear - U.Today

XRP has higher hopes Moving averages pushing price down Shiba Inu struggles on its way up Dogecoin has a bottom After failing to gain momentum above the $1.50 level, XRP is once again under pressure, supporting the larger bearish structure that has been forming over the previous few months. X

UToday3小时前
评论
0/400
暂无评论