Cryptocurrency prediction markets are projecting minimal growth for XRP by the end of March, with the price likely to remain below $2.
In this line, Polymarket prediction market activity points to a moderate outlook for XRP, with traders assigning the highest probability to the token trading around $1.60, according to data retrieved on March 14.
Notably, the $1.60 level carries the largest probability at 41%, indicating that participants view it as the most likely price zone for XRP at the end of March.
The next most probable outcome places the token at $1.20, which holds a 29% chance. Other outcomes carry significantly lower probabilities, with a move to $1.80 is assigned a 12% likelihood, while the chances of XRP trading at $1 stand at 10%.
More extreme outcomes on either side of the spectrum remain unlikely, according to the market.
On the other hand, the probability of XRP reaching $2 is about 5%, while $2.20 holds a 3% chance. Higher price levels, such as $2.40, $2.60, $2.80, $3.00, and $3.20 each, carry roughly a 1% probability.
On the downside, the market has assigned limited chances to deeper declines. A drop to $0.80 holds about a 4% probability, while $0.60 and $0.40 each sit near 1%. The likelihood of XRP falling to $0.20 is estimated at below 1%.
XRP price consolidating
Meanwhile, XRP is consolidating around the $1.40 level, with the asset having been mostly impacted by the broader cryptocurrency market downturn led by Bitcoin (BTC). However, in the last 24 hours, XRP has shown modest moves.
The asset briefly touched a 24-hour high near $1.42 before easing as the broader crypto market stabilizes.
In this case, XRP is stabilizing thanks to factors such as retail inflows into XRP ETFs, which have been particularly notable.
For instance, James Seyffart, an ETF analyst at Bloomberg, highlighted strong retail demand as a key catalyst, with cumulative inflows across XRP ETFs nearing $1.4 billion since launch.
Despite occasional outflows from some funds, the overall trend signals growing adoption and confidence in XRP as an investment vehicle.
At the same time, on-chain metrics on the XRP Ledger have strengthened significantly. Network activity has tripled in recent sessions, with daily transactions approaching 3 million.
Payment volume on the ledger has also risen about 15% even as prices briefly pulled back, pointing to expanding real-world usage.
XRP price analysis
By press time, XRP was trading at $1.41, having gained about 1.2% in the past 24 hours, while on the weekly timeline, the asset is up over 4%.
At the current price, XRP is trading below its 50-day SMA of $1.49 and far under the 200-day SMA of $2.17, signaling a bearish structure.
Price remaining under both moving averages suggests weakened momentum, with the 50-day SMA likely acting as near-term resistance while the large gap to the 200-day SMA reflects a broader downtrend.
Meanwhile, the 14-day RSI at 48.51 sits in neutral territory, indicating balanced momentum with neither overbought nor oversold conditions. This suggests selling pressure is not extreme, but the lack of strong bullish momentum means XRP may continue consolidating.
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