XRP price fell to $1.38, losing up 2.5% over 24 hours, while Asian risk assets were under pressure, and South Korea’s KOSPI fell more than 6% amid the bullish prediction earlier. That relative resilience is notable, but can XRP hold the $1.35–$1.38 zone, or does the next move point lower?
Crypto exchanges liquidated more than $800 million in leveraged positions over 24 hours, with bullish bets accounting for $694 million, or 86% of the total. About $595 million was wiped out in the final 12 hours as Bitcoin slipped below $81,000.
SanDisk perpetual futures saw $19.5 million in liquidations, more than XRP’s $18.78 million. This highlights how crypto venues have become a home for leveraged bets on chip stocks as well as tokens.
For XRP, the immediate question is whether relative strength attracts buyers or simply delays a broader risk-driven pullback. The levels matter more than the headline.
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XRP Price Prediction: Can XRP Hold $1.38?
At $1.38, XRP sits near the upper edge of the $1.35–$1.38 support area. It is in a range-bound to bearish structure, with price below the nearby moving-average resistance.
The key near-term threshold is here at $1.38, where a trendline and the 200-day EMA converge. A sustained hold above it could open a move toward the 20-day EMA near $1.44; a daily close above that average would improve the short-term setup.
The broader upside markers are $1.61 and $1.69, but neither is in play without a clear reclaim of resistance. The $1.61 scenario depends on support holding.
Base case: XRP consolidates between roughly $1.35 and $1.44 while traders assess whether the equity selloff spreads. Bull case: buyers defend $1.3798 and push through $1.4441. Bear case: a close below $1.3520 weakens the structure and exposes further downside; the $1.20 support scenario frames the risk beyond the immediate range.
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Maxi Doge Targets Early-Stage Interest as XRP Tests Support
XRP’s resilience against a sharp Asian equity decline may appeal to traders looking for relative strength, but a crowded liquidation event is a reminder that leverage can unwind quickly. If $1.35 fails, holders face a different trade: defend support or rotate some risk toward earlier-stage tokens. That is a higher-risk choice, not a hedge.
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