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XRP price plummets over 25% – Can bulls stage a comeback?

  • XRP may fall beneath $2 as soon as once more to gather the liquidity constructed up beneath.
  • The OBV confirmed promoting quantity was not dominant on the day by day timeframe and restoration was potential.

The liquidation cascade earlier immediately despatched Ripple [XRP] to a low of $1.77 on Binance, 43% down from the day by day open on the thirty first of January.

The 1-day chart confirmed the previous two weeks’ vary formation shattered after a day by day session shut beneath $2.9, invalidating a bullish concept.

Lows had been violently smashed apart — What subsequent?

XRP 1-day ChartXRP 1-day Chart

Supply: XRP/USDT on TradingView

The drop beneath $2.9 was spurred by market-wide panic and a liquidation cascade a couple of hours earlier than the time of writing.

The RSI plummeted beneath impartial 50 to point a shift in momentum — one thing the worth motion additionally clearly highlighted.

Surprisingly, the OBV didn’t type new lows in comparison with mid-January. It hovered simply above these greater lows, an indication that current promoting quantity was not sufficient to beat the buildup of the earlier two weeks.

XRP H4 ChartXRP H4 Chart

Supply: XRP/USDT on TradingView

By itself, that was no signal to purchase extra XRP instantly. The H4 chart confirmed the decline to $1.77 on Binance and the swift bounce greater.

Generally known as a “lifeless cat bounce” and based mostly on the tragic concept that something dropped far sufficient should bounce, XRP won’t be on the trail to restoration but.

As an alternative, merchants and buyers can count on one other transfer to the $1.77 stage within the coming days to brush the liquidity that may possible construct up. A bullish reversal will be assessed thereafter.

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How excessive can XRP bounce earlier than a retest of the H4 wick?

XRP Liquidation HeatmapXRP Liquidation Heatmap

Supply: Coinglass

The three-month liquidation heatmap confirmed that the $1.7 space additionally had a noticeable quantity of liquidation ranges. A transfer towards $1.77 would possibly dip barely decrease to gather this liquidity earlier than reversal.


Learn Ripple’s [XRP] Value Prediction 2025–26


To the north, the $3.23 stage was the subsequent magnetic zone to observe. A transfer past this stage could be an indication of an HTF bullish pattern.

XRP Liquidation HeatmapXRP Liquidation Heatmap

Supply: Coinglass

Within the short-term, the $2.46 might be a viable goal for XRP within the coming hours. To the south, the $1.92 area was amassing a substantial variety of liquidation ranges, which the bears are prone to goal within the coming days.

Disclaimer: The knowledge offered doesn’t represent monetary, funding, buying and selling, or different varieties of recommendation and is solely the author’s opinion

Subsequent: Why did crypto crash immediately? Diving into the continuing market turmoil

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