- XRP’s MVRV just dipped below the 200-day MA, hinting at a possible bearish shift — but it’s too early to call it a full breakdown.
- Price is still in its $2–$3 range, and actually bounced 7% from Monday’s low.
- ADA is showing similar behavior, with an 8% rally and fresh momentum from CFTC-approved futures on Coinbase.
XRP might be flashing the early signs of a long-term bearish trend — or maybe it’s just another fakeout in a market full of them. Right now, its MVRV ratio (that’s market value vs. what people actually paid for their tokens) has dipped below the 200-day moving average. Not great. But also… maybe not game over just yet.
This kind of crossover has, in the past, sometimes led to bigger trend shifts. Sometimes. According to crypto analyst Ali Martinez, it’s still too early to call it confirmed — but if this signal holds, it could mean XRP’s about to enter a different kind of phase. One where the price doesn’t play nice.
Late March Was Rough — Like, Really Rough
XRP didn’t exactly close out March on a high note. In fact, it closed below its opening price on six out of seven trading days during the last week of the month. That’s… not bullish.
The price slipped from almost $2.50 to end the month hovering around $2.02 — a solid drop that had some traders reaching for the panic button.
Still Rangebound — For Now
Despite the warning signs, XRP hasn’t totally broken down. Not yet.
It’s still bouncing inside that familiar $2 to $3 range it’s been stuck in for the last couple months. It did briefly poke below $2, yeah, but that move didn’t hold. At the time of writing (midweek), XRP had recovered slightly to about $2.1062, up over 7% from Monday’s low. A bounce? Maybe. Or just a breather before the next move.
XRP Looking a Lot Like ADA Lately
Funny enough, Cardano (ADA) is going through something eerily similar.
ADA also dipped hard on Monday — then bounced cleanly off support. It rallied almost 8%, landing near $0.6693 at press time. The setup is kind of the same: a drop, a recovery, and a lot of questions.
And there’s a little extra juice behind ADA’s move. Coinbase just got the green light to offer CFTC-regulated ADA futures, which could give it a short-term tailwind. The approval came after the standard two-week review, and it might help build bullish momentum if traders bite.
Why People Are Watching XRP & ADA So Closely
Here’s the thing — XRP and ADA aren’t just random altcoins.
They’ve both been getting attention lately because of their ties (or at least perceived ties) to U.S. policy circles and the current administration. Whether that turns into anything meaningful? Who knows. But it’s got analysts watching them a little more closely than usual.
Also, both tokens have become kind of bellwethers for the broader altcoin space. When they move, the market watches — and sometimes follows.
