XRP’s price remains stagnant around $1.42, with analysts viewing its current movement as noise within a larger bearish structure targeting $0.87. Spot ETFs recorded $30.12 million in net outflows in March 2026, while Ripple’s CTO opposes artificial incentives for adoption.
XRP continues to face rejection, trading at $1.42 with no immediate catalyst for a reversal. Market experts suggest a revisit to lower support zones is likely before any meaningful trend change.
Analyst CasiTrades stated that XRP is positioned within a broader bearish wave structure targeting $0.87. The current wave 2 remains valid unless the token forms a new low below $1.36.
Within this structure, wave B reached a retracement level at $1.38. The projected target for wave C has been revised lower to $1.485.
Repeated rejections at resistance over the past month indicate a higher probability of moving toward lower support levels at $1.09 and $0.87. The outlook remains unchanged unless XRP breaks above $1.65 or reaches those support zones.
On the institutional front, XRP spot ETFs posted $30.12 million in net outflows in March 2026, according to data compiled by SoSoValue. Momentum weakened as the month progressed despite early inflows.
Ripple CTO David Schwartz said he opposes artificially incentivizing usage where XRP may not be the most efficient option. He clarified that any cost advantage should reflect genuine efficiencies rather than subsidies designed solely to drive adoption.
The executive added, “What I generally prefer to do is reduce the risk of and eliminate any obstacles to our customers using XRP, XRPL, and other technologies that we want them to use. I prefer we use discounts and subsidies only where they either reflect a real benefit (for example, if it costs us less) or where they incentivize taking initial adoption risks.”
