Is XRP Price Gearing Up For $2 Level As BTC Rebounds Above $74k?

XRP price moved higher on Monday as cryptocurrency markets reacted to Bitcoin’s strong rebound above the $74,000 level. 

Bitcoin price climbed to nearly $74,300 during the rally, reaching its highest price in about 40-days.

The XRP price surged to around $1.50, surging by more than 5% while traders closely watch a possible rally toward the $2 level.

The total crypto market capitalization grew by $3.48% and stood at 2.52 trillion in the digital asset market. The larger market is going green too, with Ethereum +6.5%, Solana +5, and XRP +5 all showing significant presence in the large-cap altcoins. This coordinated major action tends to reflect a recovery in market confidence and risk taking.

In the meantime, CMC Crypto Fear and Greed Index has recovered to 40 (Neutral), which indicates that the sentiment has stabilized after two months of fearful circumstances.

Investors are also keeping track of the next meeting of the Federal Reserve to see if the next move would be market oriented.

Bitcoin ETFs Draw $767M Weekly Inflows as XRP Transactions Near 3M Daily

According to Sosovalue data, U.S. spot Bitcoin ETFs attracted $767 million in net inflows between March 9 and March 13.

The inflows extended Bitcoin ETF gain to three weeks of positive investor demand. Ether spot ETFs experienced a three week streak where Ethereum spot ETFs came in with $161 million of net inflows. Solana spot ETFs saw inflows of 10.7 million and reflected modest but consistent interest in the market.

From March 9 to March 13 (ET), Bitcoin spot ETFs recorded net inflows of $767 million, marking three consecutive weeks of net inflows. Ethereum spot ETFs saw $161 million in net inflows, also extending their three-week inflow streak. SOL spot ETFs posted $10.7 million in net… pic.twitter.com/slBc1GuHw6

— Wu Blockchain (@WuBlockchain) March 16, 2026

Nevertheless, XRP spot ETFs experienced a withdrawal of funds amounting to $28.07 million in the same reporting period. Analysis of network data reveals that XRP transactions are approaching 3 million per day as compared to 1 million in mid 2025. This tendency implies increased use of blockchain.

XRP Price Eyes 36% Surge Toward $2 After Bullish Momentum Builds

At the time of writing, the XRP price soared to $1.46 after buyers pushed the token higher.  The cryptocurrency moved upward after repeatedly holding support near the $1.45 level.

Technical indicators demonstrate positive strength with the MACD line moving above the signal line in the four-hour period.

The MACD positive histogram also widened, which showed increasing buying pressure and further upward movement.

Meanwhile, the Relative Strength Index rose to 70 with a very strong momentum in the overbought level.

The confirmed breakout at a higher level of above $1.50 would further push XRP to a higher resistance level of $1.63. In case the momentum keeps rising, the XRP price might continue the rise to the resistance zone of $1.70.

The larger bullish formation on the chart indicates a significant upside objective at $2.00. At its present value, XRP would have to increase by approximately 36% to hit the mark of $2.

The support level of over $1.45 is still relevant to holding the existing bullish framework. On the downside, failure to hold the $1.45 support could trigger a decline toward the $1.40 level.