Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
XRP bulls lose $70 million as Ripple-linked
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
XRP bulls lose $70 million as Ripple-linked
XRP bulls lose $70 million as Ripple-linked token plunges 7%
6 min read
XRP bulls lose $70 million as Ripple-linked token plunges 7%
Traders are watching $1.74 as near-term support, with $1.79–$1.82 now the key resistance zone.
By Shaurya Malwa, CD Analytics
Jan 30, 2026, 5:31 a.m.
Make us preferred on Google
What to know:
- XRP slid about 6.7 percent to trade near $1.75 as a bitcoin-led crypto selloff triggered heavy long liquidations rather than token-specific news.
- The breakdown below former support at $1.79 came on exceptional volume, flipping the $1.79–$1.82 zone into resistance and signaling institutional participation in the move.
- Traders now view $1.74–$1.75 as key short-term support, with a hold likely leading to consolidation and a break opening downside toward $1.72–$1.70.
XRP sold off sharply as broader crypto weakness triggered a wave of long liquidations, forcing price below a key support level before buyers tentatively stepped in near $1.74.
News Background
- XRP fell alongside a broader crypto selloff, with bitcoin-led weakness pressuring high-beta tokens.
- The move was driven by positioning rather than token-specific news, as leveraged longs were forced out once key support levels failed.
- Derivatives data showed more than $70 million in XRP futures liquidations, overwhelmingly from long positions, indicative of how crowded positioning amplified the downside once selling accelerated.
Price Action Summary
- XRP dropped about 6.7%, falling from $1.88 to $1.75
- Support near $1.79 failed during the selloff
- Volume surged sharply during the breakdown, signaling forced selling
- Price stabilized in a narrow $1.74–$1.76 range late in the session
Technical Analysis
- XRP broke decisively below $1.79, triggering a liquidation-driven cascade that pushed price to a session low near $1.74. The breakdown occurred on exceptional volume, confirming institutional participation rather than a low-liquidity slide.
- A modest rebound followed, but recovery attempts stalled below $1.76, and volume faded on the bounce — a sign stabilization, not reversal.
- Former support between $1.79 and $1.82 has now flipped into resistance, capping upside unless reclaimed with conviction.
What traders say is next?
- Traders see $1.74–$1.75 as the immediate line in the sand.
- If $1.74 holds, XRP may continue consolidating as liquidation pressure eases — but bulls need a reclaim of $1.79, and ultimately $1.82, to shift structure back toward neutral.
- If $1.74 breaks, downside risk opens toward $1.72 and $1.70, with momentum likely to build as remaining support gives way.
- For now, XRP remains liquidation-sensitive and tightly correlated to bitcoin, with technical levels — not headlines — dictating direction.
More For You
Pudgy Penguins: A New Blueprint for Tokenized Culture
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
View Full Report
More For You
Bitcoin is going nuts with biggest implied volatility spike since November
The spike shows traders rushing for protection, though implied volatility is not yet at extreme levels versus the past year.
What to know:
- Bitcoin's implied volatility spiked sharply this week, with Deribit's DVOL index jumping from about 37 to above 44 as markets sold off.
- The rise in DVOL and parallel move in the VIX reflect a broader risk-off environment, though bitcoin's implied volatility remains moderate by historical standards, with an IV Rank of 36 and IV Percentile near 50.
- Options markets are signaling caution rather than panic after more than $1.7 billion in bullish crypto positions were liquidated, underscoring fragile positioning and expectations for more turbulence ahead.
Read full story
Latest Crypto News
Bitcoin is going nuts with biggest implied volatility spike since November
Rollercoaster bitcoin price moves end up liquidating $1.7 billion in bullish crypto bets
Bitcoin pulls back to as low as $81,000 as horrendous day continues
El Salvador's central bank buys $50 million of gold as government keeps adding bitcoin
Circle’s biggest bear just threw in the towel, but warns the stock is still a crypto roller coaster
Bitcoin holds $84,000 — for now — but analysts warn of drop to $70,000 if support fails
Top Stories
Bitcoin’s major safety net just snapped. Why a drop below $85,000 might risk more selloff
U.S. SEC, CFTC chiefs push united front on paving the way for crypto
Crypto bill clears U.S. Senate milestone despite Democrat opposition
Here are key levels to watch as bitcoin plunges to $84,000
Ethereum OGs revive the DAO with $220 million security fund, Unchained reports
Latest Crypto News
Bitcoin is going nuts with biggest implied volatility spike since November
Rollercoaster bitcoin price moves end up liquidating $1.7 billion in bullish crypto bets
Bitcoin pulls back to as low as $81,000 as horrendous day continues
El Salvador's central bank buys $50 million of gold as government keeps adding bitcoin
Circle’s biggest bear just threw in the towel, but warns the stock is still a crypto roller coaster
Bitcoin holds $84,000 — for now — but analysts warn of drop to $70,000 if support fails
Top Stories
Bitcoin’s major safety net just snapped. Why a drop below $85,000 might risk more selloff
U.S. SEC, CFTC chiefs push united front on paving the way for crypto
Crypto bill clears U.S. Senate milestone despite Democrat opposition
Here are key levels to watch as bitcoin plunges to $84,000
Ethereum OGs revive the DAO with $220 million security fund, Unchained reports
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?
The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
Solana Price Prediction from Standard Chartered
Solana (SOL) is currently navigating a high-stakes technical test, trading near its 10-month lows as the market digests a 60% drawdown from its 2025 peak. Despite
Share
Ethnews2026/02/04 07:15
Academic Publishing and Fairness: A Game-Theoretic Model of Peer-Review Bias
Exploring how biases in the peer-review system impact researchers' choices, showing how principles of fairness relate to the production of scientific knowledge based on topic importance and hardness.
Share
Hackernoon2025/09/17 23:15