XRP gained 1.81% to trade at $1.35 on March 31, 2026, but faces strong resistance at the $1.40 level. Analyst ChartNerd highlighted a long-term symmetrical triangle pattern mirroring one from 2017, suggesting potential for a sharp move. However, short-term technical indicators remain weak, with the RSI at 42.92 and MACD in negative territory, signaling limited bullish momentum.
XRP is experiencing moderate gains as investors assess reduced momentum and levels of resistance. According to data from CoinMarketCap, the token is trading at $1.35 with a market capitalization of $82.78 billion and a 24-hour trading volume of $2.65 billion. Its daily increase of 1.81% shows positive growth, but the overall price direction remains uncertain with low bullish strength.
On March 30, 2026, crypto analyst ChartNerd highlighted on X that the long-term fractals of XRP are becoming more defined. “The long-term picture for XRP shows that the asset typically builds a symmetrical triangle structure that leads to a sharp move as the pattern matures,” as stated in the post.
The same pattern was observed in 2017, where the price rallied due to a breakout and subsequent retest. It appears that the pattern is repeating itself in 2026, which could mean a strong price move, although such formations do not guarantee an identical outcome.
Short-term technical analysis shows XRP is still struggling to gain strength. The Relative Strength Index is at 42.92, below the neutral level of 50, indicating a mild downtrend.
The price continues to remain below the moving average ribbon, with resistance levels noted at $1.40, $1.64, and $2.04. Meanwhile, the MACD indicator is still in negative territory with readings at -0.00907, -0.01445, and -0.02352.
In summary, the token is at a crossroads with long-term charts indicating potential for a breakout similar to past cycles. A breakout above $1.40 may be positive for the token and indicate a changing trend.
