XRP Analysis: Price Tests Crucial Support After the Correction
XRP continues to hold an important support zone while data from Santiment shows a sharp increase in new addresses and the first signs of returning market activity.
Summary:
- XRP is holding a key support zone.
- Santiment reported a sharp spike in new addresses.
- The market remains cautious due to macroeconomic risk.
XRP continues to hold the important support zone around $1.35–$1.36 as the market begins showing early signs of stabilization following the latest major correction.
The chart clearly shows that the price remains above the intersection between horizontal support and an ascending diagonal trend line – a zone that is currently preventing a larger downward move.
The attempt to break above the 0.618 Fibonacci level was also rejected, while the next more significant resistance remains around $1.40, where both the 50-day and 100-day SMA are currently located.
At the same time, new data from Santiment shows a sharp increase in XRP network activity. According to the platform, 4,300 new XRP wallets were created within just 24 hours – the fourth-largest daily spike since the beginning of 2026.
The chart also shows that the biggest similar spike this year occurred on March 19, when 12,055 new XRP addresses were created in a single day.
According to the platform, such increases in network growth often appear around major market trend reversals – a thesis further supported by the fact that the price is holding above support.
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At the same time, selling pressure on XRP is gradually beginning to weaken. After the downward move, buyers are starting to return around the current levels, although still cautiously.
The RSI indicator remains around 41, which continues to keep the market in a weaker bearish structure. Nevertheless, holding above support along with the increase in network activity leaves room for a potential short-term reversal.
For now, however, buyers are still not entering aggressively enough. This suggests that the market remains cautious amid broader macroeconomic uncertainty.
Investors continue to closely monitor the possibility of further interest rate hikes, as well as tensions surrounding the conflict between Iran and the United States. This combination continues to keep risk elevated and limits a broader return of capital to the crypto market.
The information presented in this article is intended for informational purposes only and should not be interpreted as financial, investment, or trading advice. Coinspress.com does not promote or advocate for any particular investment strategy, asset, or cryptocurrency project. Cryptocurrency markets are highly volatile and unpredictable – always perform your own research and seek guidance from a qualified financial professional before making any investment decisions.
Kosta Gushterov
Reporter at CoinsPress
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
