XRP Price Remains Stuck in a Tight Range as Investors Assess the Fallout from the Bybit Hack

Despite a broader selloff, the token has managed to hold above $2.5, though its recent price action suggests uncertainty.

XRP’s price showed little movement on March 28, remaining within a tight range as investors assess the impact of the recent Bybit hack. Despite the broader selloff, XRP managed to hold above the $2.5-mark.

However, recent price action suggests uncertainty, with analysts at More Crypto Online maintaining a neutral outlook for XRP. This casts doubt on earlier expectations that the coin could reach $250 in the long term.

At press time, XRP fiyatı was trading at $2.592, down 0.63% over the past day. Over the past 24 hours, the coin fluctuated between a low of $2.512 and a high of $2.597.

After recovering from the lower support at $2.54, XRP showed a slight bullish structure on the shorter time frames. Despite this technical formation, the coin has yet to break out of its current range, maintaining support above $2.47.

As XRP continues to consolidate within this range, key levels to watch include a drop below $2.47, which could signal further losses. On the other hand, a break above $2.75 may trigger a rally in the short term.

While XRP’s bullish structure remains intact on the shorter time frames, the coin has struggled to push past the $2.8 resistance level. If this trend continues, further downward movement could be likely.

Earlier projections suggested that XRP could surge to $250 by 2026, with market analyst XRP Captain attributing this potential rise to heavy accumulation by large investors. Among the bullish projections for XRP, this remains one of the most optimistic.

As XRP fiyatı remains rangebound, investors are awaiting the next directional move. While sentiment around Ripple (XRP) is largely positive, supply concerns have been highlighted as a major factor hindering significant price appreciation.

Despite this, the broader regulatory environment in the U.S. appears favorable, leaving long-term prospects open-ended.