.png){kind=logo}
XRP has held up better than traditional safe-haven assets such as gold and silver since the Israel-Iran conflict escalated on Feb. 28. Markets reacted sharply to the geopolitical tension, yet XRP recovered quickly after an early decline.
Global markets entered panic mode after Israel and the United States launched strikes on Iranian facilities on Feb. 28. Iran later responded with retaliation. Investors rushed to protect capital as fears of prolonged escalation spread across financial markets.
During that turmoil, the global crypto market cap dropped to $2.16 trillion. XRP also declined and touched $1.27 that same day. That level marked its lowest point since the early February market crash.
The recovery began almost immediately. XRP rebounded along with the broader crypto market soon after the drop. The quick reversal surprised many investors who expected deeper losses during the regional conflict.
Risk assets often weaken during geopolitical crises. Gold and silver usually attract capital during uncertainty. This time the pattern shifted. XRP held up better than gold, silver, and the S&P 500.
After the rebound, XRP price climbed to $1.47 by March 4 before encountering resistance. The altcoin later pulled back briefly. Then it recovered the following week again and traded near $1.40 at press time.
From the Feb. 28 price of $1.35, XRP gained 2.22 percent. Could digital assets begin competing with traditional safe havens during periods of geopolitical tension?
Investors initially feared the conflict could deepen the ongoing downturn that began in the fourth quarter of 2025. That downturn already weakened crypto sentiment across markets.
Despite those concerns, XRP maintained relative stability. The asset moved upward after its Feb. 28 drop and continued its recovery through early March. Short pullbacks appeared but the broader rebound continued. At press time, XRP traded near $1.40. The price stood above the Feb. 28 level of $1.35. That movement represented a net gain of 2.22 percent during the conflict period.
Meanwhile, traditional safe havens did not show stronger relative performance against XRP during this timeframe. Gold, silver, and the S&P 500 failed to outperform the cryptocurrency in that window.
The rebound across digital assets followed the earlier market drop to $2.16 trillion. Crypto prices recovered quickly after investors reassessed the geopolitical developments and the potential duration of the conflict.
Gold priced in XRP traded at 3,763 on the one-day ICE chart at 09:52 UTC on March 11 2026. The session recorded a gain of 28 or 0.77 percent. The chart showed an opening price of 3,749. The session high reached 3,781.96768, while the low touched 3,737. Price action formed a narrowing triangle pattern.
A descending trendline extended from the early February peak. Meanwhile, an ascending trendline rose from the January base. Both lines converged toward an apex projected between late March and early April. The Fibonacci retracement grid showed several key levels. The top reference stood at 4,236. The 0.236 level appeared at 3,671 and sat just below the current price. The 0.382 retracement level stood at 3,322. The 0.5 level appeared at 3,039. Meanwhile, the 0.618 retracement sat at 2,757.
Further down, the 0.786 level appeared at 2,355. The deepest level, labeled 1, stood at 1,843. A gray support zone appeared slightly above that region, around the high 1,800s to near 1,950. Price data showed a steady climb from September through December. The trend accelerated sharply from January into February.
That rally lifted the pair from near the 1 Fibonacci level to above 4,200 before a pullback began. After the surge, candles rotated downward and later stabilized. Recent candles formed a consolidation between the 0.236 and 0.382 levels. Most trading activity clustered between 3,700 and 3,800.
Momentum indicators showed moderate strength. The 14-period RSI read 57.93 while its moving average stood at 59.58. Both values remained below the 80 mark and above the 40 level. The readings placed momentum in the middle-upper range without reaching extreme conditions.
Also Read: XRP Market Under Pressure: $50B in Unrealized Losses as Whales Continue Accumulating
XRP maintained stronger stability than gold, silver, and the S&P 500 after the Israel-Iran conflict escalated on February 28. The asset rebounded quickly from $1.27 and traded near $1.40, while technical charts showed consolidation between key Fibonacci levels and moderate momentum in RSI readings.
