BULLISH 📈 : XRP holds $1.25–$1.35 support zone as leverage flush signals rally
CryptoQuant sees a divergence in XRP. Low leverage, resilient price. History says this setup resolves fast.
The report tracks leverage ratio vs price and finds an unstable gap. Leverage is low and flat. Price stays elevated. Such splits don’t last. They close with force in one direction. Source: CryptoQuant.
Two paths exist. Price can drop to meet leverage. Or leverage can jump to meet price. The report leans to the second path. It notes leverage was flushed while price held. That implies real demand absorbing supply without borrowed capital beneath it. See context on deleveraging in DeFi via Aave: NewsBTC analysis.
When new long leverage returns into a market held by spot demand, moves expand quickly. CryptoQuant concludes these periods end with rapid gap-closures between leverage and price. Not with slow climbs. Report.
XRP’s chart shows that base forming. Price trades near $1.37 on the 3‑day, stabilizing after the mid‑2025 high near $3.50 and the subsequent downtrend. A horizontal support at $1.25–$1.35 has held multiple times since February, with quick recoveries on dips.
Overhead, the 50‑, 100‑, and 200‑day MAs cap rallies. All trend down or flat. Rallies into $1.50–$1.70 get sold. Volume remains muted after the initial breakdown spike.
Key levels:
- $1.25–$1.35 support base tested repeatedly
- $1.50 needed to challenge the downtrend
- Below $1.25 risks another leg lower
Chart reference: TradingView screenshot in the source article.