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XRP Jumps on Peace Talk Optimism, Can Crypto Extend Gains?

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Aayush Jindal

Key Highlights

  • XRP price started a recovery wave after hopes of peace talks.
  • It cleared a bearish trend line with resistance at $1.4250 on the 4-hour chart.
  • Bitcoin climbed higher from $68,000 and surpassed $70,000.
  • Ethereum also gained bullish momentum and climbed above $2,150.

XRP Price Technical Analysis

XRP price saw a sharp bullish reaction after a social media post from US President Donald Trump showed ‘productive’ peace talks with Iran. The price climbed above $1.40.

Looking at the 4-hour chart, the price surpassed a bearish trend line with resistance at $1.4250 and the 23.6% Fib retracement level of the downward move from the $1.6062 swing high to the $1.3607 low.

More importantly, the price settled above the 100 simple moving average (red, 4 hours) and the 200 simple moving average (green, 4 hours). On the upside, the price might face resistance near $1.4850 or the 50% Fib retracement level of the downward move from the $1.6062 swing high to the $1.3607 low.

The next major resistance is $1.5120. The main resistance could be $1.550. A successful close above the $1.550 level might spark a decent increase. In the stated case, the price may perhaps rise toward the $1.60 level. The next stop for the bulls may perhaps be near the $1.6650 level.

If there is a fresh decline, the price might find bids near the $1.4150 level. The first major support is near the $1.40 level. Any more losses might reverse the recent recovery and push the price toward $1.3750.

Looking at Bitcoin, the bulls were active above $68,000, and after the post from US President Donald Trump, there was a bullish reaction above $70,000.

Economic Releases

  • US S&P Global Manufacturing PMI for March 2026 (Preliminary) – Forecast 51.5, versus 51.6 previous.
  • US S&P Global Services PMI for March 2026 (Preliminary) – Forecast 52.0, versus 51.7 previous.
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