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XRP/BTC Got Rejected from Its Resistance Level Again. Will It Attempt Another Retest?

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XRP/BTC Got Rejected from Its Resistance Level Again. Will It Attempt Another Retest?

Key Insights:

  • XRP network activity surged to the highest since April 2023
  • XRP/BTC faces rejection at multi-year resistance again
  • RippleNet expands to India, Brazil, Mexico, and Saudi Arabia

Active XRP addresses reached more than 626,000 on March 19 which marked the highest since April 2023, while XRP/BTC encountered another resistance point. Additionally, Ripple’s expanding ODL network alongside institutional interest signals that XRP might be ready for its next major price shift.

XRP Sees Massive Activity Surge, But Can It Break Out?

According to Glassnode data, the XRP network experienced a massive activity increase of 626,854 active addresses on March 19, 2025. User and investor participation reached its highest point since April 2023 during this period.

Meanwhile, the recent increase in active addresses shows a direct correlation with the price increase that led the token to reach $2.55.

xrp number
XRP number of active addresses. Source: glassnode

Furthermore, XRP price fell below $2.10 during early March when network activity decreased. However, the price started to rise again as the number of addresses increased.

Meanwhile, an analysis by Bitcoin Ape shows XRP is in a bullish flag pattern as it has stayed inside a descending channel while creating both higher and lower highs.

This technical indicator shows an upcoming price breakout as it forms with rising network activity. The next important resistance point for XRP lies at $3.00 after it breaks $2.49.

xrp usd
XRP/USD. Source: X

Moreover, the positive outlook for Ripple strengthens through its expansion of On-Demand Liquidity (ODL) network into India and Brazil and Mexico and Southeast Asia. XRP’s position in global finance receives increased dominance through this move as India stands as one of the world’s largest remittance markets.

Recovery of XRP will gain momentum through increased institutional demand as RippleNet enables faster and cheaper cross-border transactions.

XRP/BTC Faces Resistance Again—Can an ETF Break the Ceiling?

XRP/BTC pair maintains its multi-year downtrend, which started in 2018, as it gets rejected away from a crucial resistance point. The token remains restrained by continuous selling pressure during every attempt to breach its long-standing downward trendline.

This latest rejection of XRP occurred after it demonstrated strength during its accumulation phase yet failed to climb higher.

xrp price prediction
XRP/BTC.  Source: X

The SEC’s decision to end its investigation of Ripple brought regulatory clarity, but XRP has shown limited upward movement versus Bitcoin. The approval of an XRP spot ETF stands as a major element that might transform the current market dynamics.

And with the commodity classification of Ethereum, experts predict XRP will follow soon. A successful approval of a spot ETF would enable institutional investors to enter the market, leading to the potential breaking of the long-standing BTC resistance.

Meanwhile, the National Commercial Bank of Saudi Arabia announced its membership in RippleNet, which represents a major adoption achievement. With 400 branches and 5.6 million customers, the bank stands as one of the biggest financial institutions operating in the Middle East.

XRP’s future value speculation will intensify when additional banks adopt Ripple’s technology, which will boost market demand.

Furthermore, the MACD indicator has started to turn bullish alongside strong buying interest in the lower support zone, which appears in the volume profile. Also, according to Bitcoin Ape analysis, XRP could reach $10 by April, but such a prediction would need an extreme increase in market demand.

Disclaimer

This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.

godfrey mwirigi
Written by
Cryptocurrency Journalist

Godfrey Mwirigi is a cryptocurrency journalist who contributes markets and crypto coverage to The Market Periodical. A Nairobi-based writer, he has reported on digital assets for crypto outlets including MetaNews, where his work has covered Bitcoin ETFs, exchange security incidents and on-chain data. His reporting spans Bitcoin and altcoin analysis, ETF flows and broader blockchain developments.

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About this article

PublishedMarch 23, 2025 10:25 am
Last updatedMarch 23, 2025 8:03 am
Written bygodfrey mwirigi, Cryptocurrency Journalist
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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