

XRP traded near $1.36 after analysts warned of a potential liquidity-driven drop toward the $1 level. Market pressure increased as XRP exchange-traded funds recorded their first weekly net outflows since late January, while geopolitical tensions pushed oil prices higher. Crypto analyst ChartNerd said liquidity heatmap data shows stacked orders between $1 and $1.20. Another large liquidity cluster sits around $1.80. These zones could guide XRP’s next move.
Meanwhile, ETF flows turned negative this week. At the same time, broader crypto markets weakened as oil prices climbed above $90 amid the ongoing US–Iran conflict.
ChartNerd shared a liquidity heatmap analysis on X. The analyst said stacked liquidity between $1 and $1.20 could attract price action during a liquidity sweep. According to the analysis, XRP might briefly dip into the $1.20–$1 range. Such a move could capture liquidity before a rebound targets higher levels.
The analyst also identified a strong liquidity zone near $1.80. Price could move toward that level after clearing lower liquidity clusters. ChartNerd added another possible scenario. XRP could rally first toward $1.80 before returning to sweep the $1 range.
He described that sequence as the most likely market structure for March. Liquidity sweeps often appear when traders place large clusters of stop orders around key levels.
XRP currently faces broader macro pressure. Rising oil prices linked to the US–Iran conflict have raised concerns about persistent inflation. Expectation of higher inflation could lead the Federal Reserve to maintain interest rates longer. That environment often weighs on risk assets such as cryptocurrencies.
At the same time, XRP ETFs reported net weekly outflows exceeding $4 million. These funds had recorded steady inflows since January 30 before this shift. SoSoValue data showed inflows during the first three trading days of the week. Yet funds recorded outflows on March 5 and March 6, 2026.
The funds also reported $16.62 million in net outflows in a single day. This figure marked the largest withdrawal since January 29, 2026. The outflows occurred as XRP fell below $1.40. Bitcoin also dropped below $70,000 during the same period.
Meanwhile, broader crypto ETF flows turned negative. Bitcoin ETFs lost $349 million while Ethereum ETFs recorded $83 million in outflows. Solana ETFs saw withdrawals of about $8 million. Market participants now assess whether the geopolitical conflict may extend longer and place additional pressure on digital assets.
Despite short-term pressure, some analysts still track bullish chart structures. Crypto analyst Luke pointed to a bull flag formation on the weekly XRP chart. Luke said the pattern developed after an eight-month consolidation period. The measured move from the flagpole suggests a possible price target near $11.
He also noted that the 1.618 Fibonacci extension places the potential level around $11.20. That level would represent a new all-time high for the asset. Another analyst, JB, reviewed historical wick behavior on XRP charts. He stated that previous price wicks, including one on October 10, 2025, were later filled inside the demand zone.
JB said the failed attempt to reclaim $1.61 reopened downside possibilities. The analyst noted that retests of $1.25 or $1 could still occur. For a bullish invalidation of the current structure, XRP must reclaim $1.61 and break diagonal resistance. That move could improve the probability of a broader uptrend after a 15-month correction.
Read More: XRP Price Holds Near Key Support as Repeat Signal Hints at a 27% Rally
JB also described the current region as one of the strongest risk-to-reward setups for higher timeframe spot positions if XRP remains above the gray demand zone. Still, market participants watch closely as macro pressure and liquidity zones shape price action. Could XRP first sweep liquidity near $1 before any sustained recovery begins? At the time of reporting, XRP traded around $1.36. The token declined more than 2% during the past 24 hours, according to CoinMarketCap data.
XRP price remains under pressure as ETF outflows, rising oil prices, and war-driven market fear weigh on sentiment. Analysts still see strong liquidity zones near $1 and $1.80, while improving whale activity and a bull flag setup keep rebound hopes alive. Traders now watch key support and resistance levels closely.