Ripple XRP is trading at $1.50, with little to no movement, a quiet number that belies the storm underneath the surface. Long liquidations on a day last week hit $86 million in liquidations, the highest single-day wipeout since October 10, 2025.
Now, traders are watching whether that pressure cascades into something far bigger. Buried in the derivatives data is a positioning shift that flips the usual script, and it’s usually doesn’t resolve quietly.
XRP Liquidations, Coinglass
The figure landed just $720,000 short of a threshold that would have triggered a much deeper liquidation spiral. That’s razor-thin. Open interest data circulating on trading desks shows longs stacked heavily against a comparatively thin short base. A setup that historically precedes sharp directional snaps rather than gentle drifts.
XRP-linked ETFs have pushed past $1.5 billion in cumulative inflows, lending an institutional backbone to what could otherwise look like pure speculation.
Can Ripple XRP Price Hit $1.60 This Week?
At $1.50, XRP sits roughly flat on the day but remains up sharply on a weekly basis, with 24-hour volume north of $4.9 billion. It’s thick enough liquidity to absorb shocks, but also enough to fund a fast unwind.
We place near-term resistance at $1.01–$1.03 on older structural charts, though price has since broken well above that zone, meaning the more relevant ceiling now clusters near $1.12–$1.19, with the 200-day moving average acting as a structural cap around $1.28 on some timeframes.
One of our analysts flags the $0.95–$1.00 zone as an “institutional floor” that has repeatedly absorbed selling pressure lower down the chart.
For now, clean close above $1.55 opens room toward $1.65–$1.70 as short covering accelerates. A continued chop between $1.40 and $1.55 while the market digests the liquidation overhang could also happen.
However, a failure to hold $1.40 invites a retest of the $1.00–$1.05 support band, invalidating the current uptrend structure. Selling pressure and open interest dynamics can shift fast when leverage is this stretched.
Trade XRP on ByBit and Join 99Bitcoin’s Exclusive $1000 USDT Airdrop CampaignBitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels
Ripple XRP holders riding this move have reason to feel validated; a 52% weekly gain is nothing to scoff at. But here’s the uncomfortable math: at XRP’s market capitalization, doubling from here requires tens of billions in fresh capital.
Early-stage infrastructure plays don’t carry that burden, which is precisely why attention keeps drifting toward presales positioned before mainnet activity even begins.
Hyper speed. Maximum blast. 💥⚡️https://t.co/VNG0P4GuDo pic.twitter.com/R7BUhvLCZW
— Bitcoin Hyper (@BTC_Hyper2) August 24, 2026
Bitcoin Hyper ($HYPER) is building the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration. It boasts a combination that aims to deliver smart contract execution faster than Solana itself while settling back to Bitcoin’s base layer for security.
The presale has raised $33 million to date, with tokens priced at $0.0136851 and staking rewards currently live at an unspecified but high annual percentage yield (APY).
Core features include a decentralized canonical bridge for moving BTC in and out of the L2, plus low-latency, low-cost transaction processing designed to fix Bitcoin’s long-standing speed and programmability gaps.
Research Bitcoin Hyper directly before the presale closes.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
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