Analyst: March is the Month for XRP. Believe It or Not

XRP has been showing notable consolidation after a period of decline, and traders are closely watching potential breakouts as March begins.

The weekly chart shows the token testing the lower boundary of a descending channel, suggesting accumulation ahead of a possible upward move.

Crypto analyst XRP Captain (@UniverseTwenty) drew attention to the chart’s structure, noting the pattern of consistent lower highs and lower lows over the past months. The analyst noted that XRP recently touched the lower support line of the channel, suggesting a potential base for a rebound.

A Big Month for XRP

The current price action, just above $1.39, suggests that buyers are stepping in near the channel’s lower boundary, signaling the possibility of upward momentum. Based on the chart, XRP Captain suggests that March will be XRP’s month.

Weekly candles closing above recent lows could be a strength for the token. The analyst’s chart also shows that resistance sits near $1.95, which has contained rallies over the past two months. A sustained move above this level on the descending channel could open the path toward higher targets.

Indicators Suggest Accumulation

The weekly candle formations reveal a mix of red and green candles with longer wicks at the lower end of the channel. This shows buying pressure at lower levels, with sellers unable to push the price significantly below $1.35 despite recent attempts. This suggests accumulation by market participants in preparation for a potential upward move.

The overall trend has been downward since mid-2025, when XRP hit its all-time high. However, the convergence at the channel’s lower boundary indicates that XRP may be ready to change trajectory, and the analyst believes this change will start in March.

A Supporting Bullish Outlook

A recent analysis by CryptoBull (@CryptoBull2020), another well-respected analyst, reinforces this outlook. CryptoBull predicted that XRP could reach $4 by March 2 and rise as high as $9 by March 11. These projections align with the current technical patterns, suggesting that March may present significant price activity for the token.

Several other analysts share a bullish perspective, noting the alignment of support levels and the potential for momentum to accelerate. All XRP has to do is break through the upper resistance in the descending channel, and it could reach a new all-time high next month.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

Follow us on X, Facebook, Telegram, and  Google News

The post Analyst: March is the Month for XRP. Believe It or Not appeared first on Times Tabloid.