TLDR
- Technical analyst ChartNerd suggests XRP may decline to $1 as part of a liquidity grab strategy before recovering.
- For the first time since January 30, XRP ETFs experienced weekly net outflows exceeding $4 million.
- The digital asset is hovering around $1.35 following a brief decline to $1.347 amid increased selling pressure.
- Brad Garlinghouse, Ripple’s CEO, assured investors they’ll reach a “very happy place” within five years.
- Large holder activity, tracked by the Flow 30-DMA indicator, has shifted positive for the first time in three months.
XRP is currently hovering around the $1.35 mark following a challenging week characterized by ETF capital exits, bearish technical signals, and cautionary analyst forecasts. Despite near-term headwinds, Ripple’s leadership continues encouraging a long-term investment perspective.
The token experienced a modest decline from $1.3666 to $1.3554 throughout the previous 24-hour period, momentarily reaching $1.347 as trading activity intensified. Support emerged at the $1.35 threshold, with the asset subsequently consolidating within a narrow $1.35 to $1.37 trading corridor.
Technical analyst ChartNerd shared insights on X, suggesting XRP might retreat to the $1 level, highlighting significant liquidity concentration between $1 and $1.20. Additional liquidity clusters exist around the $1.80 price point.
$XRP Liquidity Heatmap 🔥
Move Brewing?SS Liquidity Stack = $1/$1.20 ✅️
BS Liquidity Stack = $1.80 ✅️What wouldnt be suprising? 🤔
A liquidity grab back to the lower $1.20/$1 SS range before sweeping the strong BS liquidity around $1.80..If so, March will be on track 👍🏻 pic.twitter.com/HFVsXuqTKB
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) March 7, 2026
According to ChartNerd’s analysis, the most probable March scenario involves an initial surge toward $1.80, subsequently followed by a pullback into the $1 territory. This pattern represents a classic “liquidity grab” — a strategic price movement that triggers stop-loss orders before potentially reversing direction.
XRP ETFs Register Initial Weekly Capital Outflows Since Late January
Data from SoSoValue reveals that XRP exchange-traded funds experienced net weekly outflows totaling slightly more than $4 million. This represents the first occurrence of weekly capital exits since January 30.
The investment vehicles attracted capital during the initial three trading days but shifted direction on March 5 and 6. March 6 witnessed particularly significant outflows reaching $16.62 million — representing the most substantial single-day exodus since January 29.
Cryptocurrency ETFs tracking Bitcoin, Ethereum, and Solana similarly experienced outflows of $349 million, $83 million, and $8 million respectively throughout this timeframe.
Ripple’s CEO Emphasizes Long-Term Investment Horizon
Speaking at the XRP Australia 2026 conference, Ripple CEO Brad Garlinghouse encouraged attendees by suggesting current stakeholders may find themselves in a “very happy place” over the next five years.
XRP: Play the Long Game
Institutional adoption isn’t coming it’s here. New financial giants are coming on-chain almost daily.The Outlook:
• 5-Year Goal: Brad Garlinghouse says investors will be in a “very happy place” in 5 years.• The Target: He predicts a $5T+ total… pic.twitter.com/8hoj4l5wUy
— 𝗕𝗮𝗻𝗸XRP (@BankXRP) March 5, 2026
Garlinghouse highlighted the accelerating pace of institutional blockchain adoption, encompassing tokenization initiatives, stablecoin integration, and blockchain-powered settlement infrastructure.
The CEO characterized industry progress as incremental rather than revolutionary. “There’s not one switch; there are hundreds and thousands of switches,” he explained.
Evernorth’s CEO Asheesh Birla reinforced this perspective, noting that genuine financial transformation typically requires approximately a decade. He emphasized that short-term price fluctuations frequently fail to capture the underlying technological evolution.
A positive on-chain indicator: the XRP Whale Flow 30-DMA measurement has registered positive territory for the first time in more than three months, indicating renewed accumulation by substantial holders.
XRP continues defending the $1.35 support threshold, with market participants closely monitoring for a decisive breakout in either direction.





