XRP USD price is bleeding. The token dropped -2.5% overnight and is currently trading at $1.35, slipping away from the monthly high of $1.60, and the monthly chart points toward a $1.04 target that few holders want to think about.

What makes today’s move unusual isn’t the size of the drop. It’s the timing. The SEC’s final deadline for fresh spot XRP ETF approvals falls today (March 27), a catalyst that was supposed to be the moment XRP caught a bid, but right now, the opposite is happening.

With seven ETF products already on offer for the Ripple token, today marks the deadline for any further applications to be submitted and considered by the SEC. Existing XRP ETF products have already pulled in $1.44Bn in net inflows since late 2025. Goldman Sachs ranks as the largest institutional holder of the XRP ETF.

On paper, the fundamental backdrop looks constructive. But weekly ETF inflows have collapsed from $200M at launch to under $2 million by early March, a divergence that suggests institutional enthusiasm has quietly cooled. Broader crypto-market weakness is amplifying the pressure, with XRP now down -27% year-to-date.

The XRP price has taken a beating over the past 24 hours and is now teetering dangerously close to support at $1.30, will it hold?

(SOURCE: TradingView)

Can XRP USD Price Hold $1.30 Support Before the $1.04 Level Comes Into Play?

At $1.35, XRP is uncomfortably close to its Bollinger Band lower boundary at $1.30, the last meaningful technical floor before the monthly forecast target of $1.04 comes into play.

Trading volume stands at $2.5Bn, only 65.69% of the 30-day average of $3.22Bn. Below-average volume during a decline is a double-edged signal: it could mean sellers are exhausted, or that buyers simply aren’t showing up.

The RSI sits at 38.98, approaching oversold territory. The 50-day moving average at $1.411 and the 200-day at $2.085 are both above the current price, confirming a sustained downtrend rather than a short-term wobble.

Three scenarios are in play heading into the ETF decision. The bull case is a favorable SEC ruling that triggers a volume spike above $1.45-$1.50, validating the ascending triangle pattern analysts have flagged on the daily chart.

The base case is that XRP USD consolidates between $1.31 and $1.45 as the market digests the ruling, regardless of the outcome, while the bear case will see $1.31 break on volume, opening a path toward the $1.04 monthly target, a further -23% drawdown from here.

DISCOVER: Next Crypto to Explode in 2026

LiquidChain Targets Early-Mover Upside as XRP Tests Key Levels

The XRP price has taken a beating over the past 24 hours and is now teetering dangerously close to support at $1.30, will it hold?

(SOURCE: LiquidChain)

When an established asset like XRP trades -51% below its six-month highs despite genuine institutional backing, it raises a fair question: where do risk-tolerant investors look for asymmetric upside? Some are turning to early-stage infrastructure projects where the entry price hasn’t already priced in the optimism.

LiquidChain (LIQUID) is a Layer 3 infrastructure project positioning itself as the cross-chain liquidity layer, fusing liquidity from Bitcoin, Ethereum, and Solana into a single execution environment.

The core pitch is a Unified Liquidity Layer with single-step cross-chain execution and a deploy-once architecture, meaning developers build once and access all three ecosystems simultaneously.

The presale is currently priced at $0.01435 with $623,936.18 raised to date. Cross-chain infrastructure has attracted growing attention from smaller investors rotating out of large-cap volatility.

Visit the LiquidChain Presale Website Here.

EXPLORE: Top Crypto Presales to Watch Now

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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