Gate News, March 16 — XRP price experienced a breakthrough rally, breaking through the consolidation range seen over the past few months. In the last 24 hours, XRP rapidly surged from around $1.41 to a high of $1.4798, with trading volume soaring over 250%, reaching a peak of approximately 170 million coins traded. The current price remains above $1.4550, holding above the 100-hour simple moving average, providing support for further upward movement.
Technical analysis shows that $1.426 was a key resistance level that repeatedly prompted rebounds. Driven by strong trading volume, XRP broke through this resistance, and the short-term chart shows a series of higher lows and higher highs, indicating buyers are attempting to turn old resistance into new support. The next resistance zone for traders is between $1.48 and $1.50. Once broken, the price could further reach $1.5250 and $1.5320, or even challenge the $1.55 area.
On-chain activity on the XRP Ledger continues to grow. In Q1 2026, the total value of tokenized real-world assets on the XRP Ledger approached $1.14 billion, reflecting increased network activity and supporting the price trend. This rally is not driven by a single catalyst but results from a combination of market sentiment and on-chain activity.
On the downside, key support levels are between $1.43 and $1.44. If XRP falls below $1.4325, it would retrace about 50% of the previous rally from $1.3855 to $1.4798, with further support near $1.410 and the major support at $1.3680. Investors should monitor these levels to assess the sustainability and risks of the current rally.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Rakuten Pay Integrates XRP for 44 Million Japanese Users, Enables Payments at 5M+ Merchants
Rakuten Pay has integrated XRP, enabling 44 million users to spend the cryptocurrency at over 5 million merchants in Japan. This integration highlights a shift from trading cryptocurrencies to everyday payments, supported by Japan's favorable regulations and fintech infrastructure.
GateNews20h ago
MoonPay Hints at Potential Ripple Collaboration With XRP-Themed Post
MoonPay's recent social media post featuring an XRP theme has sparked speculation about a potential partnership with Ripple. As both companies focus on enhancing cryptocurrency infrastructure, the implications of this possible collaboration, along with Ripple's initiatives in institutional finance, highlight a shift towards practical applications in the crypto space.
GateNews20h ago
Gate’s “Crazy Wednesday” is live with a hot launch. Complete tasks to win XRP and Glenfiddich whisky. For USDT savings, earn up to 100% APY. For BTC/ETH/SOL staking, earn up to 16% mining APY.
Gate News message, according to Gate’s official announcement on April 15, 2026
Gate launches a “Crazy Wednesday” campaign, running from April 15, 2026 at 14:00 to April 19, 2026 at 16:00 (UTC+8). Users complete multiple tasks to unlock mystery boxes, with a chance to win XRP tokens and Glenfiddich whisky. The mystery box tasks include multiple categories such as flash swaps, spot, and futures trading, as well as top-ups, invitations, and VIP upgrades, and each tier corresponds to a different number of mystery box openings.
Campaign Two launches a USDT wealth-management product, with a 14-day fixed-term annualized yield of 6%. New users can also participate in a 3-day product offering 100% annualized yield. In addition, Yu’e Bao also offers multi-currency wealth-management options such as USAT, USDD, 0G, and APT, with annualized returns of up to 300%. Campaign Three introduces a boosted rewards policy for staking users, offering up to a 16% annualized return for staking BTC, ETH, and SOL; for SOL staking, staking 0–1 coins can yield up to 16% annualized.
GateAnnouncement04-15 04:27
XRP Today News: CLARITY Act Pushes Through in May, Standard Chartered Bank Turns Bullish on $8
Ripple CEO Garlinghouse confirmed at the summit that the CLARITY Act’s goal for passage is by the end of May, and said that the controversy surrounding stablecoin yield rates is nearing resolution. If the bill passes, XRP is expected to rise to $5–$10; otherwise, it could fall back to $1.2. The bill’s passage would create a regulatory framework for the digital asset market, clarify XRP’s classification as a commodity, and reduce compliance barriers for institutional investors.
MarketWhisper04-15 02:58
Rakuten Wallet Integrates XRP for Payments Across 5M+ Merchants in Japan
Rakuten Wallet has launched XRP as a payment method, allowing users to buy XRP with Rakuten Points and spend it at millions of merchants in Japan. This integration expands XRP's reach to a vast, non-crypto user base within Rakuten's extensive ecosystem.
GateNews04-15 01:16
