XRP Price Breaks $1.45 Resistance as Volume Surges 140%—Can Bulls Push Toward $1.65?
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The post XRP Price Breaks $1.45 Resistance as Volume Surges 140%—Can Bulls Push Toward $1.65? appeared first on Coinpedia Fintech News XRP price has gained bullish momentum over the past 24 hours, climbing from around $1.41 to nearly $1.51, marking a 5–6% daily increase. The move comes after the token successfully broke above the $1.426 resistance level, a zone that had capped multiple recovery attempts in recent sessions. The breakout follows improving sentiment across the broader crypto market as major assets like Bitcoin and Ethereum continue to trade near key resistance levels. The shift in market momentum has helped XRP extend its short-term recovery while attracting renewed trading interest. It recorded over $3.5 billion in 24-hour trading volume, representing a surge of more than 140% compared to the previous session, hinting towards a rise in the trader’s participation. With this, the question arises whether the bulls could extend the rally to $1.65 and clear the path to $1.83. Derivatives Activity Points to Growing Trader Interest While Institutional Flow Remains Mixed Derivatives markets are also reflecting increasing interest in XRP. Futures open interest has climbed to roughly $2.6 billion, indicating that traders are opening new leveraged positions as the asset attempts to establish a stronger trend. While rising open interest often supports price momentum, it can also introduce short-term volatility if leverage builds too quickly. As a result, traders will likely monitor derivatives positioning closely as XRP tests higher resistance levels. On the other hand, institutional sentiment appears more cautious despite the improving price momentum. Recent data shows that XRP investment products recorded around $76 million in weekly outflows, including approximately $28 million from XRP-related ETFs. This divergence between rising price action and institutional outflows suggests that the current rally may be driven primarily by retail participation and derivatives activity, rather…
Filed under: News - @ March 16, 2026 9:29 pm