Can XRP Price Recover in March?
XRP shows potential for a 20% bounce in March due to a double-bottom pattern and cooling whale distribution.Summary
XRP's price, down over 50% since October 2025, might see a bullish reversal in March, potentially rising by 20% or more. Technical analysis suggests a double-bottom pattern with a neckline near $1.50, targeting $1.68–$1.70 upon a decisive breakout. Furthermore, on-chain data indicates that whale selling has significantly decreased, with net flows shrinking toward neutral levels and the supply held by large wallets resuming an upward trend, suggesting accumulation. However, this bullish scenario could be jeopardized if XRP fails to break above the 50-day Exponential Moving Average (EMA), potentially leading to a bear pennant targeting $1. Macro risks, such as renewed risk-off sentiment driven by AI or geopolitical tensions, also pose headwinds to sustaining any breakout.
(Source：Cointelegraph)