Justin has secured a $10 million settlement in a multi-year lawsuit filed by 
the United States Securities and Exchange Commission that accused the crypto 
entrepreneur of alleged fraud and securities violations. A letter from the SEC 
made public on Feb.…

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XRP has climbed back above the $1.40 mark this week, a level that previously 
acted as resistance, but analysts warn that the rally does not eliminate the 
risk of a deeper pullback. The cryptocurrency’s most critical support zone at 
$1.30 remains under pressure, and broader market forces—particularly Bitcoin’s 
(BTC) price action—could determine what happens next. XRP Locked Between $1.30 
Support And $1.50 Resistance In a recent report, analyst Sam Daodu described 
$1.30 as the most heavily tested support level for XRP so far in 2026. Since 
February, the token has repeatedly slipped into the low $1.30 range, only to 
find buyers stepping in before a decisive breakdown could occur. Related 
Reading: Bitcoin Tops $73,000, Expert Explains Why The Rally Isn’t Over Yet 
According to Daodu, a key reason XRP has continued to defend this area is that 
it is slightly lower, around $1.27. On-chain cost basis data indicates that 
roughly 443 million XRP were accumulated at that price level. As the market 
approaches this entry point, many of these holders have added to their 
positions, creating buying pressure that has consistently pushed the price 
back above $1.30. For now, Daodu sees XRP trading within a clearly defined 
range, with $1.30 acting as the floor and $1.50 serving as resistance. The 
analyst said a meaningful shift in trend would require a breakout beyond one 
of those levels, and the direction of that move will likely depend on external 
catalysts. Bitcoin And Middle East Tensions As Key Threats Bitcoin stands out 
as the most significant variable. XRP and BTC are currently moving in close 
alignment, with a reported correlation of 0.84. Historically, XRP has tended 
to magnify Bitcoin’s price swings by roughly 1.8 times. In practical terms, 
that means a 10% decline in Bitcoin could translate into an 18% drop for XRP. 
Daodu cautions that if Bitcoin were to fall below $60,000 again, XRP would 
likely follow, regardless of the token’s individual fundamentals or technical 
structure. Geopolitical factors are also contributing to market fragility. 
Rising tensions in the Middle East have already sparked risk-off sentiment 
across the crypto market in early March. Should the situation worsen, Daodu 
said investors could reduce exposure to more speculative assets first, placing 
additional pressure on altcoins such as XRP. BTC As The Key To Break $1.50? On 
the upside, a sustained breakout above $1.50 would likely require more than 
just stability in Bitcoin. Historically, altcoins gain momentum when Bitcoin 
advances decisively, drawing fresh capital into the broader market. Daodu 
posits that XRP is no exception; a strong upward move in BTC could provide the 
tailwind needed for the altcoin to attempt surpass higher resistance levels. 
Related Reading: Crypto Treasury Inflows Slide To October 2024 Levels—What 
Happened? Between $1.58 and $1.60 lies a substantial supply zone. 
Approximately 2 billion XRP were purchased at those levels, leaving many 
holders underwater for months. As the price approaches that range, investors 
seeking to exit at breakeven could generate heavy selling pressure, the 
analyst reported. Clearing $1.50 would signal renewed strength, but absorbing 
supply closer to $1.60 may prove to be the more difficult challenge. At the 
time of writing, XRP was trading at $1.41, marking a 3% loss over the previous 
24 hours. Featured image from OpenArt, chart from TradingView.com

XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat

Crypto security researchers say the hacker exploited a bug allowing them to 
mint tokens, before swapping the freely-gained tokens for another tied to 
Bitcoin.

Solv Protocol offers 10% bounty after hacker snatches $2.7M

A16z’s blockchain arm is reportedly raising its fifth dedicated crypto fund 
with a $2 billion target and a mid-2026 closing date. Size and Strategy 
Evolution Venture capital firm Andreessen Horowitz’s blockchain arm, A16z 
Crypto, is back on the fundraising trail. According to a Fortune report citing 
anonymous sources, the firm is raising its fifth dedicated […]

A16z Crypto Targets $2 Billion for Fifth Fund Amid Strategic Pivot to Finance

XRP price failed to stay above $1.460 and started a downside correction. The 
price is now holding the $1.3880 support and might aim for another increase. 
XRP price started a downside correction and declined below $1.4450. The price 
is now trading above $1.380 and the 100-hourly Simple Moving Average. There is 
a key declining channel forming with resistance at $1.430 on the hourly chart 
of the XRP/USD pair (data source from Kraken). The pair could start another 
increase if it stays above $1.3880. XRP Price Dips To Support XRP price failed 
to stay above $1.450 and started a downside correction, like Bitcoin and 
Ethereum. The price dipped below the $1.4450 and $1.4320 levels to enter a 
negative zone. The price even dipped below the 50% Fib retracement level of 
the upward move from the $1.3362 swing low to the $1.4739 high. Besides, there 
is a key declining channel forming with resistance at $1.430 on the hourly 
chart of the XRP/USD pair. The bulls are now active above the $1.3880 zone. 
The price is now trading below $1.40 and the 100-hourly Simple Moving Average. 
If there is a fresh upward move, the price might face resistance near the 
$1.420 level. The first major resistance is near the $1.430 level, above which 
the price could rise and test $1.450. A clear move above the $1.450 resistance 
might send the price toward the $1.4720 resistance. Any more gains might send 
the price toward the $1.50 resistance. The next major hurdle for the bulls 
might be near $1.5250. More Losses? If XRP fails to clear the $1.430 
resistance zone, it could start a fresh decline. Initial support on the 
downside is near the $1.40 level. The next major support is near the $1.3880 
level and the 61.8% Fib retracement level of the upward move from the $1.3362 
swing low to the $1.4739 high. If there is a downside break and a close below 
the $1.3880 level, the price might continue to decline toward $1.3680. The 
next major support sits near the $1.350 zone, below which the price could 
continue lower toward $1.3350. Technical Indicators Hourly MACD – The MACD for 
XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength 
Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – 
$1.4000 and $1.3880. Major Resistance Levels – $1.4300 and $1.4500.

Cryptocurrency price in BHD