XRP approaches $1 liquidity band after $5B market liquidations

XRP approaches a key liquidity zone near $1 after ~$5B in market liquidations. Analyst Will Taylor says downside liquidity looks largely swept, with larger pools now above price.

Taylor frames it as broad capitulation. Not an isolated alt slide. He tracks similar sweeps in Bitcoin and Ethereum as well in his note.

XRP still trends down since August 2025. The area is a structural test. Fail to regain momentum, and the $1 band stays exposed. Hold the zone, and sellers may be exhausted per Taylor.

• Liquidity map: A band sits near $1, but larger pools sit above current price source.
• Positioning reset: About $5B in liquidations hit crypto this week NewsBTC. Taylor notes such events often cluster near lows, but more downside is still possible source.
• Macro overhang: Stronger DXY, US 10Y near 4.532%, and a stretched Nasdaq keep risk under pressure source. Additional DXY context here.

“The next phase is the utility phase,” Taylor writes, pointing to institutions valuing real network usage over narratives source.