XRP Holds $1.40 as Bitcoin Rally and ETF Inflows Lift Crypto Market

Key Insights

• XRP maintained support above $1.40 as the broader market rebounded, while strong inflows into Bitcoin ETFs helped restore trading confidence.

• Bitcoin surged beyond $74,000 alongside gains in major altcoins, lifting total crypto market value close to $2.45 trillion in one day.

• Technical indicators show moderate bullish momentum for XRP as consolidation continues between $1.40 and $1.50 with buyers actively defending support.

XRP traded above the $1.40 level on Thursday as the digital asset market recorded a broad recovery across major tokens. The asset gained nearly five percent during the last twenty four hours. Besides the price improvement, steady buying interest signaled renewed confidence among traders.

Meanwhile Bitcoin climbed more than seven percent and reclaimed the $74,000 level. The recovery strengthened sentiment across the sector and helped stabilize several major cryptocurrencies. Consequently traders increased exposure as prices recovered across multiple trading sessions.

Altcoins Track the Broader Market Recovery

Several altcoins also advanced as the market regained momentum. Ethereum rose about seven percent, while Cardano, Dogecoin, and Solana recorded notable gains. Additionally the global cryptocurrency market capitalization expanded by roughly 4.55 percent and approached $2.45 trillion.

Improving regulatory signals in the United States helped support risk appetite across the crypto sector. Moreover easing geopolitical concerns involving the United States, Israel, and Iran reduced uncertainty in global markets. Consequently traders responded with renewed buying activity across major digital assets.

Market Data Shows Strong Altcoin Activity

Data from Santiment highlighted strong single day gains among several tokens. Solana, Chainlink, and Pepe all recorded sharp advances despite cautious sentiment earlier in the week. However traders continued to monitor market volatility closely.

Institutional investment also increased during the recovery period. According to figures from SoSoValue, spot Bitcoin exchange traded funds attracted $225 million in net inflows on March third. Significantly the IBIT fund operated by BlackRock recorded the largest activity with about $322 million entering the fund.

While Bitcoin funds saw strong demand, flows across other digital asset products remained mixed. Spot Ethereum funds posted a net outflow of $10.75 million during the same period. Meanwhile XRP focused exchange traded funds reported daily inflows of approximately $7.53 million.

XRP Price Structure Shows Consolidation

On shorter time frames XRP continued to trade inside a narrow range. Market data from TradingView showed the asset fluctuating between $1.40 and $1.50 on the four hour chart. Moreover this range followed a sharp mid February rally that briefly pushed the token toward $1.65.

Source: TradingView

Recent price candles indicated consistent buying activity around the $1.40 level. Consequently sellers struggled to force a deeper pullback despite repeated tests of support. Additionally the price remained stable through several trading sessions.

Technical signals reflected modest bullish momentum. The relative strength index moved gradually toward the 55 mark. Moreover the MACD histogram turned positive and indicated improving short term momentum.

Traders now watch the upper boundary of the current range. A sustained close above $1.45 could increase the probability of another move toward the $1.50 resistance area. Consequently market participants continue to monitor the consolidation pattern closely.