With the entire cryptocurrency market rebounding in the past 12 hours or so, Ripple\u2019s cross-border token has joined the trend, jumping 5% to almost $1.50.<\/p>\n
Analysts have weighed in on this performance, with some suggesting that the asset has neared a key sell wall zone that could determine the next move and whether it could challenge $1.95. Others, though, have some trust issues.<\/p>\n
In the hours leading to the impressive surge, CryptoWZRD noted that XRP had closed indecisively. However, they added<\/a> that if it breaks above the crucial $1.43 resistance, the asset could be primed for a more sustainable rebound, as it did shortly after their post.<\/p>\n The aforementioned jump drove XRP to almost $1.50, which is the highest price tag in over two weeks. Fellow analyst CW outlined a chart showing that this level is actually a major sell wall. If broken, XRP\u2019s path should be quite clear until the next such significant obstacle, all the way at $1.95.<\/p>\n $XRP<\/a> has reached the sell wall zone.<\/p>\n If it breaks through this sell wall, there is no other resistance until $1.95. pic.twitter.com\/Z4olAq6ot3<\/a><\/p>\n \u2014 CW (@CW8900) March 16, 2026<\/a><\/p>\n\n Interestingly, Cobb, who is among the most vocal and bullish members of the XRP Army, said<\/a> they \u201csimply refuse to trust this XRP pump.\u201d Perhaps this is because the asset has charted similar impressive gains several times for a few days, only to be rejected and pushed back to its rather tight trading range.<\/p>\n However, the landscape could be different now as the Bollinger Bands had squeezed<\/a> to a level suggesting a big move ahead.<\/p>\n Another interesting post from CW showed that \u201cthere are almost no short positions on XRP.\u201d This has particular significance given the fact that the asset\u2019s futures open interest had surged<\/a> by 16.5% in the past week, going to over $1.6 billion, according to data from Ali Martinez.<\/p>\n Meaning, traders are ramping up their leveraged XRP positions but evidently expect a major move upward.<\/p>\n There are almost no short positions on $XRP<\/a>. pic.twitter.com\/rlfi7ht1XX<\/a><\/p>\n \u2014 CW (@CW8900) March 16, 2026<\/a><\/p>\n\n The post Ripple Price Surges 5% But Analyst Refuses to Trust This XRP Pump<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" With the entire cryptocurrency market rebounding in the past 12 hours or so, Ripple\u2019s cross-border token has joined the trend, jumping 5% to almost $1.50. Analysts have weighed in on this performance, with some suggesting that the asset has neared a key sell wall zone that could determine the next move and whether it could […]<\/p>\n","protected":false},"author":0,"featured_media":142364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-142363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/142363"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=142363"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/142363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/142364"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=142363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=142363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=142363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}No Shorts on XRP?<\/h2>\n