Overview
- The token traded near $1.41 on March 13 after a decisive break above a descending trendline.
- Trading volume expanded more than 300% to roughly 205 million tokens during the breakout.
- U.S.-listed XRP spot ETFs recorded daily net redemptions reported between about $3.9 million and $6.08 million, signaling softer institutional participation.
- Activity on the XRP Ledger rose to roughly 2.7 million daily transactions, supported by real‑world‑asset tokenization projects.
- Traders are watching whether $1.39–$1.40 holds as new support, with resistance eyed near $1.44 and $1.50 and a fallback zone around $1.34–$1.37.