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XRP holds $1.35 support amid $6B whale selling and Bitcoin correlation ahead of SEC ETF decision

Market News
28 Mar 2026
Tokenpost
View Source
Bearish
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XRP is trading in a tight range between $1.35 and $1.40, pressured by $6 billion in large holder sales and a strong correlation with Bitcoin's price movements. The token remains about 15% below its recent peak of $1.60, with key resistance levels at $1.44, $1.58, and $1.76 limiting upward momentum. Market speculation remains high with nearly $946 million in open interest on XRP derivatives, especially on Binance, where short positions cluster near current prices, potentially triggering sharp moves. Ripple is also advancing its ecosystem with new AI security tools and expanding in Asia, while an upcoming SEC decision on XRP-related ETFs could cause significant volatility depending on approval or denial.

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