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holds near $1.41 as range tightens, breakout setup builds

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holds near $1.41 as range tightens, breakout setup builds

XRP is holding near $1.41 after a steady session, but price is stuck in a tight range, with neither buyers nor sellers taking control. The longer it stays compressed between support and resistance, the more likely a sharper move becomes.

News Background

  • XRP traded in line with the broader crypto market, with no major token-specific catalyst driving price action.
  • Whale wallets added roughly 40 million XRP over the past week, suggesting accumulation during consolidation.
  • Market sentiment remains tied to macro conditions, with crypto reacting cautiously to interest rate expectations.

Price Action Summary

  • XRP gained about 0.6%, moving from roughly $1.38 to $1.41
  • Price traded within a tight $1.38–$1.43 range
  • Repeated rejection near $1.42 capped upside
  • Buyers defended dips near $1.38, forming higher lows

Technical Analysis

  • XRP is trading in a tightening range, with support near $1.38 and resistance around $1.42.
  • Higher lows suggest buyers are slowly stepping in, but lack of strong follow-through keeps momentum muted.
  • The structure resembles a compression setup, where price coils before a larger move.
  • Volume is slightly elevated but not strong enough yet to confirm a breakout.

What traders say is next?

  • Traders are watching a break above $1.42 for a move toward $1.45–$1.50.
  • If $1.38 support fails, downside could extend toward $1.30.
  • For now, XRP remains range-bound, with the next move likely driven by a break on either side of this tightening range.

How Data Is Shaping Smarter Banking

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How Data Is Shaping Smarter Banking

For banks, data has always been an asset. What is changing is how that data is being used — and who within the organisation is driving that change.

In this conversation, Jamie Renehan, Head of Behavioural Insights at Bank of Ireland, highlights how behavioural data, combined with growing AI capability, is reshaping decision-making across the bank.

One of the most notable shifts is internal. Like many large financial institutions, Bank of Ireland has invested heavily in AI upskilling, including the launch of an AI academy. The impact is already visible. Senior leaders are not only engaging with AI, but actively pushing for its application across business use cases. That changes the dynamic for technical teams. Questions are no longer theoretical — they are increasingly specific, practical, and grounded in real business challenges.

At the same time, the bank’s data position provides a unique advantage. With a high share of card spend in Ireland, Bank of Ireland has visibility into national spending patterns at scale. This enables insights that extend beyond internal operations, feeding into broader analysis of consumer behaviour and economic trends.

These insights often follow seasonal cycles. Periods such as November and December — driven by online shopping and holiday spending — provide a rich view of customer behaviour under pressure. Through initiatives like the Financial Wellbeing Index, the bank can assess how prepared customers are for these periods, particularly in the context of rising living costs and increased financial strain.

The value of this data lies not just in observation, but in understanding behaviour more deeply. Patterns in spending, shifts in priorities, and responses to economic pressures all provide signals that can inform better products, services, and support for customers.

However, the pace of technological change introduces new challenges. The ecosystem of partners and vendors is evolving rapidly, particularly in areas such as payments, fraud prevention, and financial crime. New tools and capabilities are emerging constantly — and critically, they are being adopted by both financial institutions and bad actors.

This creates a continuous arms race. As AI and data-driven tools become more sophisticated, banks must remain equally agile in adopting new technologies and forming partnerships that strengthen their defences. The ability to integrate innovative solutions into existing systems becomes essential.

What emerges is a picture of modern banking that is increasingly dynamic. Data is no longer static. AI is no longer experimental. And partnerships are no longer fixed.

Instead, banks are operating within an evolving ecosystem — one where insight, adaptability, and collaboration are key to both growth and protection.

Bitcoin Exchange Outflows Signal Investor Accumulation

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Bitcoin Exchange Outflows Signal Investor Accumulation

The net outflow of Bitcoin from exchanges over the past month suggests that investors have started to accumulate the cryptocurrency, according to a CryptoQuant analyst.

March has been largely dominated by Bitcoin (BTC) outflows from crypto exchanges, aside from one spike in inflows just before the asset tapped a six-week high of $76,000 on March 17, according to CryptoQuant data. 

This negative net flow has remained present while Bitcoin “continues its liquidation phase,” the analyst known as Darkfost said on Wednesday.

“This persistent outflow suggests genuine accumulation by investors, who continue to buy and withdraw their BTC from exchange platforms,” he said.

Inflows to exchanges are generally bearish as investors prepare to exchange the asset for stablecoins, which adds to selling pressure, whereas outflows are often a sign of accumulation and a possible precursor to buying pressure.

BTC exchange netflows have been negative for most of March. Source: CryptoQuant

Long-term accumulation rather than short-term speculation

The analyst added that the demand is not yet strong enough to restart a trend, “but it clearly indicates ongoing accumulation and is likely one of the factors behind the range formation that has been developing for several months now.”

Nick Ruck, director of LVRG Research, told Cointelegraph on Wednesday that the outflows signal “genuine long-term accumulation by investors rather than short-term speculation.”

The removal of Bitcoin from centralized platforms “showcases growing confidence in Bitcoin’s fundamentals amid current market conditions as holders indicate a lack of interest in selling to hedge against price volatility,” he added. 

Related: Rising US Treasury yields, war in Iran, rising inflation risk pressure Bitcoin price

Jeff Mei, the chief operations officer at crypto exchange BTSE, told Cointelegraph that crypto has outperformed stocks and gold since the beginning of the Iran war, “so it’s no surprise that investors are accumulating Bitcoin.”

“Crypto was oversold in the weeks and months prior to the conflict, so it makes sense that it hasn’t sold off as hard as stocks have,” he added. 

“This could also be an indication of Bitcoin emerging as a hedge against traditional stocks, as well as increased institutional ownership.” 

Bitcoin makes higher highs, higher lows 

Another indicator of potential trend formation is Bitcoin’s price making higher highs and higher lows, as it has done at least twice so far this month, according to TradingView.

In its weekly on-chain summary on Monday, Glassnode said that net unrealized profits and losses have improved slightly, “indicating a modest easing in unrealized losses across the market,” but cautioned that “sentiment is still under pressure despite tentative signs of stabilization.” 

Magazine: Banks want to run Vietnam’s crypto exchanges, Boyaa’s $70M BTC plan: Asia Express