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Ripple

XRP Price Attempts a Turnaround—Can It Break Free from Resistance?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.



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Paul Atkins “Conflict of Interest” Triggers $220M Withdrawals from Ripple Markets

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Ripple (XRP) came close to slipping below the critical $2 mark on Saturday, only to see a modest recovery as bullish traders reclaimed the $2.15 level. Regulatory uncertainty surrounding SEC Chair nominee Paul Atkins sparked withdrawal from XRP derivatives markets, signalling more downside risks ahead.

Why Is  Ripple (XRP) Price Going Down Today?

Ripple’ (XRP) latest downturn has been attributed to mounting concerns of “conflict of interest” over the nomination of Paul Atkins as SEC Chair under the Trump administration.

While Atkins has long been regarded as a crypto-friendly figure, opposition from U.S. Congress has raised fears of potential regulatory hurdles for Trump’s crypto plans and ongoing altcoin ETF filing reviews.

Ripple (XRP) Price Action | March 30Ripple (XRP) Price Action | March 30
Ripple (XRP) Price Action | March 30

Recently, Ripple secured a major legal victory in its protracted battle with the SEC, bringing long-awaited closure to the case. However, uncertainty surrounding Atkins’ confirmation has cast a shadow over XRP price momentum.

As seen in  the chart above, Ripple price tumbled a low as $2.06 on Saturday, before rebound towards the $2.15 level at the time of publication.

Atkins’ critics within Congress have expressed concerns over potential conflicts of interest, signaling broader resistance to pro-crypto policies.

If his confirmation is blocked, it could indicate a more hostile stance toward upcoming legislative initiatives—such as the proposed Crypto Strategic Reserve, which requires congressional approval for federal cryptocurrency acquisitions.

Ripple XRP ETF Approval odd plunge 9% in a week, as Congress scrutinizes Paul Atkins | Source: PolymarketsRipple XRP ETF Approval odd plunge 9% in a week, as Congress scrutinizes Paul Atkins | Source: Polymarkets
Ripple XRP ETF Approval odd plunge 9% in a week, as Congress scrutinizes Paul Atkins | Source: Polymarkets

According to Polymarkets data, investors are now pricing 35% chance that the US SEC could approve XRP spot ETFs before July 31. Notably that figure has now declined 7% since the scrutiny around Trump’s SEC chair nominee, Paul Atkins began.

More significantly, investors worry that a less crypto-friendly successor could delay or outright reject altcoin ETFs, dealing a major setback to institutional adoption.

This uncertainty has contributed to XRP’s recent sell-offs, as market participants brace for potential regulatory headwinds.

Traders Withdraw $220M as Market Sentiment Deteriorates

XRP’s bearish trend has not been confined to spot market losses alone. In the derivatives sector, traders are aggressively unwinding their positions, signaling a broader loss of confidence in XRP’s short-term recovery prospects.

According to CryptoQuant, XRP’s open interest—a key indicator of futures market activity—has fallen sharply from $1.6 billion on March 19 to $1.48 billion at press time, reflecting a $220 million decline in just 10 days.

This mass exodus suggests that traders are moving to reduce their exposure rather than betting on a swift rebound.

Ripple (XRP) Open Interest, March 30 | Source: CryptoQuantRipple (XRP) Open Interest, March 30 | Source: CryptoQuant
Ripple (XRP) Open Interest, March 30 | Source: CryptoQuant

Extended periods of large-scale withdrawals from open interest typically indicate persistent bearish momentum, as market participants either lock in profits or cut their losses ahead of further declines.

Unless broader sentiment shifts in favour of crypto regulation, XRP may continue facing selling pressure in the near term.

XRP Price Forecast: Bearish Breakdown or Rebound to $2.40?

XRP price is struggling to regain bullish momentum after falling below key moving averages, signalling potential downside risks.

The XRPUSDT daily chart depicted below reveals XRP is currently trading at $2.17, facing resistance from the 50-day SMA at $2.41 and the 100-day SMA at $2.51, as sellers remain firmly in control.

The declining trading volume further reinforces bearish sentiment, indicating weak demand at current levels.

XRP Price ForecastXRP Price Forecast
XRP Price Forecast

The Bearish Breakout Probability is supported by the BBP (Balanced Bollinger Percentage) indicator, which sits at -0.3190, a sign of persistent downward pressure.

If XRP fails to reclaim the $2.20 support, the price could slide toward $2.00, a psychologically significant level that could trigger panic selling. A breakdown below this mark could open the floodgates for a further decline toward $1.80.

On the flip side, a bullish recovery scenario would require a decisive break above the $2.41 resistance.

This would invalidate the bearish outlook and potentially drive XRP toward $2.60, aligning with the 100-day SMA. However, without a surge in buying volume, XRP may remain vulnerable to further sell-offs.

Frequently Asked Questions (FAQs)

XRP’s decline is linked to uncertainty over SEC Chair nominee Paul Atkins, with investors fearing potential regulatory challenges for crypto assets.

Yes, approval of an XRP spot ETF could drive institutional demand andpush prices higher, but regulatory uncertainty remains a key risk.

Over $220 million in XRP derivatives positions have been closed in the past 10 days, reflecting weakening investor confidence.

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ibrahim

Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Ripple

XRP Price Slides Slowly—Is a Bigger Drop Coming?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.



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Ripple

XRP Price Rejected at Resistance—Are Bears Taking Control?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.



Source link

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