$XRP is experiencing a moment of high technical tension, hovering around $1.33. What we are seeing is a silent battle: on one side, the operators are increasingly bullish (leverage is rising), but on the other, the price is unable to break through the barrier of $1.35 - $1.36.
What does the market tell us behind the scenes?
The most concerning aspect here is not that the price drops, but rather the disconnection. Funding rates have surged sharply. This means that many people are betting on the upside with borrowed money, but the price continues to make lower highs. When leverage rises and the price does not follow, the risk of a cleanup (mass liquidations) increases.
Critical levels to watch:
- Support at $1.33: This is our line in the sand. If XRP loses this level strongly, it is very likely that we will see a quick drop to $1.30 to seek liquidity.
- Resistance at $1.35 - $1.36: We need to see solid closes above this zone to regain bullish momentum. Without this movement, sellers continue to have control of the board.
In trading, when the price does not rise with good news or volume, it tends to seek the path of least resistance: downwards.
Be very careful with excessive leverage today. Patience and a cool mind are our best tools when the market gets this tense.
What do you say? Do you think we hold $1.33 or are we going to look for $1.30 before going back up?
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