The XRP price is back in focus as tightening consolidation and improving momentum indicators point to a potential liquidity sweep near the $1.60 level, a zone tradersThe XRP price is back in focus as tightening consolidation and improving momentum indicators point to a potential liquidity sweep near the $1.60 level, a zone traders

XRP Price Prediction: XRP Eyes $1.59 Liquidity Zone After Holding Critical $1.41 Support

2026/03/17 04:00
6 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

The XRP price is attracting renewed attention as traders monitor a possible liquidity-driven move toward the $1.59–$1.60 range. Recent market activity suggests the token could briefly push above nearby resistance to capture liquidity before stabilizing and attempting a broader advance.

At the time of writing, the XRP price today is trading near $1.47–$1.49, marking a modest recovery after bouncing from recent lows around $1.37. Analysts say the next directional move will likely depend on how the asset behaves near current resistance zones and whether buying momentum can sustain the latest rebound.

XRP Price Today Holds Above Key Intraday Support

Recent chart activity shows that the current XRP price is holding above a rising short-term trendline visible on hourly charts. According to technical charts shared by analysts on TradingView, the asset has been consolidating within a narrow range since March 14 while maintaining support above the 100-hour simple moving average.

XRP Price Today Holds Above Key Intraday SupportAfter consolidating since March 14, 2026, XRP confirmed a breakout above resistance on the 15-minute timeframe and held the retest, prompting a bullish entry on the 5-minute chart with targets set at prior key levels and liquidity zones. Source:sman579 on TradingView

Holding above this indicator is often interpreted as a signal that short-term buyers remain active in the market.

XRP confirmed a minor breakout on March 15 after a 15-minute candle closed above a previously tested resistance zone, which was then successfully retested and held. This type of consolidation pattern—where price breaks resistance, retests it, and stabilizes—is commonly interpreted by technical traders as a potential continuation structure if buying pressure remains steady.

Liquidity Zones Suggest Potential Move Toward $1.59

Short-term trading discussions have increasingly focused on liquidity clusters forming near the $1.60 region.

Liquidity Zones Suggest Potential Move Toward $1.59The outlook suggests a potential liquidity grab toward the $1.60 area before a pullback to support, followed by a broader move higher toward the $1.59 target after possible deeper downside volatility. Source: moxgytv on TradingView

Liquidity zones often develop where large numbers of stop-loss orders and leveraged positions accumulate. When the market approaches these areas, volatility can temporarily increase as those positions are triggered.

Some analysts believe XRP could briefly move into this liquidity pocket before determining its next directional trend. The asset is expected to first move into the low $1.60 range to collect liquidity before revisiting support levels

However, not all traders expect an immediate breakout. Several market observers have noted that confirmation above higher resistance levels is still needed before a sustained bullish structure forms.

Technical Indicators Show Improving Momentum

Several widely used technical indicators currently point to gradually strengthening momentum, although the broader trend still faces resistance.

The Relative Strength Index (RSI) is hovering around 58 on the daily timeframe. This level typically signals moderate bullish momentum, suggesting buyers are gaining control without the market entering overbought territory.

Other indicators also support the view that short-term momentum is improving:

  • The stochastic oscillator near 79 indicates the market is approaching the upper end of its recent range but has not yet shown clear reversal signals.
  • A Commodity Channel Index (CCI) above 200 suggests strong positive price acceleration during the recent rebound.
  • MACD and momentum indicators continue to trend upward, reflecting increasing buying pressure.

Moving averages reinforce this short-term strength. Several shorter-period averages—including the 10-, 20-, and 30-period averages—remain below the current market price, forming a technical support cluster.

However, longer-term moving averages remain significantly higher, indicating potential resistance layers between approximately $1.60 and $2.00. Until those levels are cleared, the broader trend remains mixed.

XRP and the Evolving Regulatory Landscape

Beyond chart patterns, the long-term outlook for Ripple Labs’s XRP continues to be shaped by regulatory developments, particularly the ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission.

The XRP SEC lawsuit has played a major role in market sentiment since it began in 2020. In 2023, a U.S. federal court ruling determined that certain programmatic sales of XRP on secondary exchanges did not constitute securities transactions, a decision that provided partial regulatory clarity for the token.

While legal proceedings and appeals have continued around other aspects of the case, the ruling helped reduce some uncertainty surrounding XRP’s status in public markets.

Investors are also monitoring speculation about potential financial products such as a spot XRP exchange-traded fund (ETF), although no such product has yet been approved in the United States.

Broader Crypto Market Conditions and XRP Momentum

Short-term price developments in XRP are also influenced by broader conditions in the digital asset market.

Broader Crypto Market Conditions and XRP MomentumA potential bullish move is emerging, but confirmation is awaited before committing to the upward trade. Source: PrimeMastery on TradingView

According to market data from CoinMarketCap, XRP remains among the largest cryptocurrencies by market capitalization, and its price movements frequently correlate with trends in Bitcoin and the wider crypto market.

Periods of strengthening sentiment across the digital asset sector often lead to increased trading volume in major altcoins like XRP.

Conversely, sharp moves in Bitcoin or changes in macroeconomic conditions—such as shifts in interest rate expectations or global liquidity—can quickly alter short-term momentum across the crypto market.

Because of this correlation, analysts caution that XRP’s short-term trajectory may depend not only on its own technical structure but also on broader market sentiment.

Key Levels Traders Are Watching

From a technical perspective, several price levels currently stand out as important areas for traders monitoring the asset.

Support levels

  • $1.41 – hourly trendline support
  • $1.37 – recent swing low

Resistance levels

  • $1.48–$1.50 – immediate resistance zone
  • $1.59–$1.60—potential liquidity cluster
  • $1.64 – structural breakout level

A sustained move above $1.64 could strengthen bullish momentum and potentially shift the broader structure away from consolidation. Conversely, losing the $1.41 support level could expose the asset to a deeper retracement.

Short-Term Outlook for XRP

Overall, the near-term outlook reflects a market balancing improving short-term momentum against significant overhead resistance.

Short-Term Outlook for XRPXRP was trading at around $1.479, up 3.90% in the last 24 hours at press time. Source: Brave New Coin

Analysts say traders are watching closely to see whether XRP can maintain support above its recent breakout area while building enough momentum to test liquidity near $1.60.

As with most short-term technical projections in cryptocurrency markets, however, these scenarios remain conditional rather than guaranteed. Rapid shifts in market sentiment, broader crypto volatility, or macroeconomic developments can quickly change price trajectories.

For now, XRP appears to be consolidating within a tightening range—one that may determine whether the next move extends toward the $1.59 area or returns to lower support levels.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.