XRP Price Holds Near Critical Support Level Amid Falling Exchange Reserves

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 day ago

Should l Buy XRP?

Volume Decline: XRP's trading volume dropped to $2.28 billion in the last 24 hours, down 38% from the previous day, indicating weakened market activity that could impact short-term price movements.
Exchange Reserves Decrease: As of March 6, XRP reserves on Binance are valued at approximately $3.9 billion, significantly down from over $10 billion in January and July 2025, suggesting investors may be moving assets off exchanges, reducing market supply.
Support Level Analysis: XRP has established a short-term support range between $1.30 and $1.32, and despite briefly falling below $1.30, buyers quickly stepped in, indicating market defense of this support level.
Momentum Indicator Improvement: The relative strength index has rebounded from 25 to 44, although still below the neutral 50 mark, indicating improving momentum; a break above the $1.50 to $1.60 resistance area could shift the current downtrend.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.069	1.169	1.272	1.373	1.475	1.576	1.679
Fibonacci	1.169	1.247	1.295	1.373	1.45	1.498	1.576

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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