TLDR
- XRP climbed 7% in 24 hours, reaching $1.46 after reports of Iran–U.S. peace talk signals
- XRP spot ETFs recorded $7.53 million in fresh inflows on Tuesday, marking six straight days of inflows
- Total XRP ETF assets under management sit at approximately $1 billion
- XRP futures Open Interest dropped to $2.11 billion, its lowest point since January 2025
- Key resistance sits at $1.50–$1.54, with support holding around $1.40
XRP jumped roughly 7% on Wednesday after reports emerged that Iran had signaled openness to peace talks with the United States.
The token reached $1.46, with trading volume surging 39.71% to $4.1 billion in a single day.
The broader crypto market moved higher at the same time. Total market capitalization rose 6.28% to $2.49 trillion, with Bitcoin crossing $73,000 and Ethereum climbing above $2,100.
The rally was driven by a New York Times report stating that Iran’s Ministry of Intelligence sent a message to the CIA through intermediaries indicating willingness to discuss ending the conflict.
U.S. President Donald Trump had previously acknowledged attempts at contact but suggested negotiations could be delayed.
Investors responded by moving back into risk assets, pushing crypto prices sharply higher across the board.
XRP ETF Inflows Hold Steady
XRP spot ETFs recorded $7.53 million in net inflows on Tuesday, the sixth consecutive day of positive flows.
Bitwise’s XRP ETF led the way with $6.08 million in daily inflows. Its cumulative net inflows now stand at $10.77 million.
Canary Capital’s XRPC ETF followed with $1.45 million in inflows on the same day.
Total assets under management across all XRP spot ETFs sit at approximately $1 billion, with cumulative inflows at $1.255 billion according to SoSoValue data.
On the development side, Doppler Finance announced a partnership with crypto custodian Hex Trust to incorporate wrapped XRP into its institutional blockchain platform as a reward mechanism.
Ripple also confirmed recent acquisitions of Palisade, a custody and treasury automation firm, and Rail, which handles virtual accounts and collections.
Technical Levels to Watch
XRP is trading below its 50-day, 100-day, and 200-day exponential moving averages, all of which continue to slope downward.
$XRP is retesting after breaking out of downtrend.
The trend is reversing, and a full-scale uptrend is about to begin. pic.twitter.com/iZ9f0ILYmj
— CW (@CW8900) March 5, 2026
The SuperTrend indicator sits at $1.61, still above the current price, reinforcing a broader bearish structure.
The RSI was climbing toward 66 on the 4-hour chart, pointing to growing demand. The MACD also recorded a fresh bullish crossover.
Futures Open Interest fell to $2.11 billion on Wednesday, down from $2.25 billion the prior day and well below the peak of $10.94 billion seen in July 2025.
A decisive break above $1.50 could open the door to $1.60. Failure to hold $1.45 may send the price back toward the $1.40 support zone.
As of Wednesday afternoon, XRP was trading around $1.41, still down roughly 62% from its all-time high of $3.65.
