XRP has been fluctuating in a narrow range today. Analysts have stated that the asset’s price has limited room for an increase, given the strong resistance faced. The focus of traders today is whether the asset can break above the key level that has been acting as resistance for the asset.
At the time of writing, XRP is trading at $1.41 with a 24-hour trading volume of $6.27 billion and a market capitalization of $86.29 billion, according to data provided by CoinMarketCap. The cryptocurrency has managed to rise by 1.07% over the last 24 hours.
XRP Struggles Below Key Resistance
On March 5, 2026, a crypto analyst, More Crypto Online, pointed out that the current price structure of the asset remains uncertain as the asset continues to move sideways in the market. According to More Crypto Online, the asset may need to see higher buying pressure before the market can move upwards.
According to More Crypto Online, the $1.49 to $1.51 price range is a significant resistance level. It is observed that the price of XRP has not moved above this price range, implying that there is a lot of selling pressure in this range.
Furthermore, the nearest level of support in the short term is between $1.36 and $1.40. More Crypto Online also cautioned that the level may not hold as an effective level of support if the selling pressure in the crypto space intensifies.
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XRP Shows Early Momentum Recovery
From a technical perspective, its price is near its 20-day moving average, currently at $1.41188, and is currently trading at $1.4125, indicating stability in its price movement.
In terms of the longer-term moving averages, there is still pressure on XRP on the downside. The 50-day MA is at about $1.59100, while the 100-day MA and 200-day MA are at about $1.80773 and $2.23308, respectively.
The momentum indicators show signs of improvement in the early stages. The RSI is at 46.35, well above the signal level of 40.84, which may indicate that buying activity is slowly building up, though overall momentum remains low.
Meanwhile, the MACD indicator is on its way to a potential recovery. The histogram is positive at 0.01706, and the MACD line, which is currently at -0.04837, is nearing the signal line, which is at -0.06543.
However, More Crypto Online has noted that the momentum in price movement is still weak and that it would require stronger buying pressure and a clear breakout above $1.51 resistance to signal a significant change in direction for XRP.
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