XRP trades at $1.35 as ETFs record first weekly outflows since January. Analyst forecasts potential dip to $1, but Ripple CEO remains bullish long-term. The postXRP trades at $1.35 as ETFs record first weekly outflows since January. Analyst forecasts potential dip to $1, but Ripple CEO remains bullish long-term. The post

XRP Price Analysis: Potential Decline to $1 Looms as ETFs Experience Weekly Outflows

2026/03/08 17:01
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Key Takeaways

  • Technical analyst ChartNerd forecasts XRP may decline to $1 through a liquidity sweep before reversing higher.
  • Exchange-traded funds tracking XRP saw their first weekly capital exodus since January 30, with outflows exceeding $4 million.
  • The digital asset currently hovers around $1.35 following a brief decline to $1.347 amid increased selling pressure.
  • Ripple’s CEO Brad Garlinghouse expressed optimism about long-term holders being rewarded within a five-year timeframe.
  • Large holder activity, tracked via the Flow 30-DMA indicator, has shifted positive for the first time since late 2024.

XRP maintains its position near $1.35 following a challenging week characterized by institutional fund withdrawals, technical resistance, and cautionary price forecasts. Despite near-term headwinds, Ripple’s leadership maintains an optimistic long-range outlook.

xrp priceXRP Price

The cryptocurrency declined from $1.3666 to $1.3554 throughout the previous 24-hour period, momentarily reaching $1.347 as trading activity intensified. Support emerged around the $1.35 threshold, with the asset subsequently consolidating within a narrow corridor between $1.35 and $1.37.

Technical analyst ChartNerd shared analysis on X suggesting XRP might retreat to $1, highlighting significant liquidity concentration between $1 and $1.20. Additional liquidity pools exist around the $1.80 level.

According to ChartNerd, the probable March trajectory involves an initial push toward $1.80, subsequently followed by a pullback into the $1 zone. This pattern represents a classic “liquidity grab” — a strategic price movement intended to activate stop-loss orders before a possible trend reversal.

Exchange-Traded Funds Experience First Weekly Capital Flight Since January

Data from SoSoValue reveals XRP exchange-traded funds recorded net weekly withdrawals slightly exceeding $4 million. This represents the initial weekly capital exodus observed since January 30.

XRP ETFs weekly flowsSource: SoSo Value

These investment vehicles attracted capital during the week’s opening three trading sessions before momentum shifted on March 5 and 6. March 6 witnessed particularly heavy redemptions totaling $16.62 million — representing the largest single-session withdrawal since January 29.

Meanwhile, Bitcoin, Ethereum, and Solana ETFs experienced parallel outflows measuring $349 million, $83 million, and $8 million respectively throughout the identical timeframe.

Ripple Executive Emphasizes Strategic Patience

Speaking at the XRP Australia 2026 gathering, Ripple’s CEO Brad Garlinghouse conveyed to participants that today’s investors might discover themselves in a “very happy place” over a five-year horizon.

Garlinghouse highlighted the growing momentum behind institutional blockchain integration, encompassing asset tokenization, stablecoin deployment, and distributed ledger settlement infrastructure.

Evernorth’s CEO Asheesh Birla emphasized that genuine financial industry transformation requires approximately a decade. He noted that immediate price fluctuations frequently fail to capture the underlying technological evolution.

One encouraging blockchain metric: the XRP Whale Flow 30-DMA indicator has registered positive territory for the first instance in over ninety days, indicating renewed accumulation by substantial holders.

XRP presently defends the $1.35 support threshold, with market participants monitoring closely for a decisive directional breakout.

The post XRP Price Analysis: Potential Decline to $1 Looms as ETFs Experience Weekly Outflows appeared first on Blockonomi.

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0004471
$0.0004471$0.0004471
-4.62%
USD
Ucan fix life in1day (1) Live Price Chart
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.

You May Also Like

Who is Mojtaba Khamenei, Iran’s new supreme leader?

Who is Mojtaba Khamenei, Iran’s new supreme leader?

And would he bring change — or more brutal suppression?
Share
Rappler2026/03/09 11:32
S&P 500 under pressure as funds add shorts on Iran risk

S&P 500 under pressure as funds add shorts on Iran risk

The post S&P 500 under pressure as funds add shorts on Iran risk appeared on BitcoinEthereumNews.com. Iran war market impact: U.S. stock market crash risk, hedge
Share
BitcoinEthereumNews2026/03/09 11:14
Crucial Fed Rate Cut: October Probability Surges to 94%

Crucial Fed Rate Cut: October Probability Surges to 94%

BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 02:25