On March 4, 2026, XRP rallied sharply amid renewed political pressure on U.S. crypto regulation. At 11:33 UTC, XRP was trading at $1.452, up 5.69% over the past 24 hours, with an intraday range of $1.345 to $1.473. The move follows a period of consolidation in the mid-$1.30s, breaking above resistance near $1.39 and accelerating toward the mid-$1.40s.
Technical Analysis: Breaking Resistance, Volatility Expands
From a short-term perspective, XRP has transitioned from range-bound consolidation to expansion. The price had been trading in a tight band between roughly $1.34 and $1.39, repeatedly testing support, before breaking higher. The latest surge pushed XRP above nearby resistance and brought it close to the upper Bollinger Band near $1.495. Volume increased significantly during the move, confirming the shift to stronger bullish momentum. The Relative Strength Index (RSI) stands at 50.96, indicating neutral momentum tilting upward. The Moving Average Convergence Divergence (MACD) shows the MACD line at 0.01087, the signal line at 0.01283, and the histogram slightly negative at -0.00196 but improving. XRP currently trades above the 50-period exponential moving average ($1.35770) and the 200-period simple moving average ($1.38812), creating a solid technical support base. If XRP can hold above the moving average cluster in the $1.36–$1.39 zone, the bullish structure remains intact, allowing buyers to challenge the recent high of $1.47 and potentially the upper Bollinger Band near $1.49. A failure to hold these levels could trigger a pullback toward the prior consolidation area in the high-$1.30s, where moving averages and former resistance may now act as support.
Political Backdrop: Trump's Pro-Crypto Push and Ripple CEO's Response
The rally coincides with President Donald Trump's aggressive pro-crypto stance. On Truth Social, Trump criticized banks for earning record profits while trying to slow policies aimed at expanding the digital asset sector. He warned that delays in passing reforms such as the Clarity Act could push innovation and investment to competing jurisdictions, including China. Trump described the Genius Act as an initial step toward making the United States the “crypto capital of the world,” while the Clarity Act would provide regulatory certainty for the industry. Ripple CEO Brad Garlinghouse highlighted Trump's message, calling it a pointed signal to policymakers who have delayed progress on the Clarity framework. He stressed that clearer rules are essential for the long-term growth of the U.S. digital asset sector.
Outlook: Policy and Technology Converge
Market participants are now watching two key factors: the timeline for Congress to advance the Clarity Act and whether XRP can sustain its position above $1.47 and break the $1.49 resistance. If both political and technical factors align, XRP could start a new medium-term rally. However, risks remain if political negotiations stall or technical indicators show bearish divergence. For now, XRP is back in focus, with traders eyeing the $1.36–$1.39 support zone and the $1.49–$1.50 resistance area.