As of March 18, BTC is at $83,042, with slight daily losses but a 13.62% monthly gain, while Ether, at $1,887, has sprung 19.94% this month. The global crypto market cap cruises at $2.71 trillion, up 0.18% weekly.
XRP, the native token of Ripple Labs, has recently shown resilience and upward drive, attracting huge attention from both investors and analysts.
XRP holds its ground and outperforms BTC
XRP, Ripple Labs’ native token, has been making some noise lately. Trading at around $2.31 as of now, it’s up 3.37% from yesterday. More impressively, XRP has climbed 7% so far in March, leaving Bitcoin’s slight dip and the Nasdaq Composite’s 8% decline in the dust. Holding its ground above $2 despite recent market turbulence, XRP is flexing some serious resilience.
So, what’s pumping the rally? A big factor is growing optimism over Ripple Labs’ ongoing legal battle with the SEC. Many investors are betting on a favorable outcome, which could send XRP northwards. Also in the mix is the Senate Banking Committee pushing forward a stablecoin regulation bill, signaling potential clarity for the broader crypto market—something XRP could benefit from in the long run.
XRP flashing bullish signals
From a technical standpoint, XRP appears to be in full recovery mode after briefly bottoming below $2 earlier this week. Investors are watching closely, and so far, momentum is swinging in its favor.
The RSI is dangling near overbought levels, suggesting strong buying interest. Meanwhile, Moving Average Convergence Divergence is still in bullish territory, hinting at potential further updive.
Key Resistance Levels are pegged at $2.30 and $2.50. A decisive break above these could open the door for a bigger push.
Support Levels: $2.10 and $2.00—areas to watch if any pullback happens.
Is XRP set for bigger gains?
XRP’s recent rally is a mix of solid technical momentum and improving market sentiment. While regulatory hurdles remain, its resilience and potential catalysts ahead make it a token worth keeping on your radar.
And it’s not just XRP making moves—here’s a quick look at today’s biggest gainers and losers in the crypto market, based on CoinMarketCap data:
Top 3 Gainers:
- OKB (OKB): Up 11.26%, now at $46.82.
- Hyperliquid (HYPE): Gained 10.38%, reaching $13.84.
- Sonic (S): Climbed 9.63%, now at $0.5301.
Top 3 Losers:
- Pi (PI): Dropped 8.90%, down to $1.59.
- Ethena (ENA): Fell 5.16%, now at $0.3463.
- Bittensor (TAO): Slipped 4.56%, trading at $244.61.
While the broader crypto market remains a mix of winners and losers, XRP’s resilience and technical setup suggest it’s a contender for more upside in the coming weeks. Keep an eye on that $2.30 resistance—it could be the next big breakout zone.