XRP Faces $18.8M in Liquidations as Market Volatility Intensifies

XRP traders experienced significant liquidations totaling $18.8 million in the past 24 hours, underscoring the heightened volatility in the cryptocurrency markets. With nearly equal portions of long and short positions being wiped out—$9.8 million from shorts and $9.01 million from longs—the market reflects uncertainty around XRP’s near-term price trajectory. Bybit emerged as the platform with the largest share of liquidations at $7.28 million, of which $4.7 million came from long positions. This event highlights the ongoing turbulence in the crypto space, particularly for XRP, as traders navigate unpredictable price swings. The equal distribution of liquidations between bullish and bearish positions suggests a lack of clear directional consensus, leaving the asset’s short-term outlook in flux. As of May 13, 2025, XRP remains a focal point for traders amid broader market instability.

XRP Sees $18.8M in Liquidations Amid Market Volatility

XRP traders faced significant liquidations totaling $18.8 million over the past 24 hours, reflecting heightened volatility in the crypto markets. Nearly equal portions of long and short positions were wiped out—$9.8 million from shorts and $9.01 million from longs—highlighting uncertainty around XRP’s near-term trajectory.

Bybit accounted for the largest share of liquidations at $7.28 million, with longs comprising $4.7 million of that total. Binance followed with $7.08 million, predominantly from short positions at 73.5%. The disproportionate short liquidations suggest a rapid price surge triggered a squeeze, forcing bears to cover positions and potentially amplifying upward momentum.

Massive XRP Whale Transfer Sparks Sell-Off Concerns Amid Bullish Surge

A significant XRP transaction has caught the attention of market participants. Blockchain analytics platform Whale Alert reported a transfer of 29,532,534 XRP, worth approximately $69.5 million, to Coinbase on May 9. The move, executed in a single transaction, has fueled speculation about a potential whale sell-off during XRP’s ongoing bullish rally.

Large-scale transfers often precede increased volatility, and this one is no exception. The anonymous nature of the wallet involved leaves motives unclear, but the timing aligns with XRP’s recent price strength. Market sentiment may shift in the short term as investors weigh the possibility of profit-taking by major holders.

Despite the substantial movement, XRP continues to demonstrate resilience. The cryptocurrency’s performance remains robust even as the community watches for signs of whale activity influencing price action.

XRP Price Prediction: Ripple Surges 8.8% Amid SEC Settlement, Eyes $2.50 Resistance

Ripple’s XRP has surged 8.8% this week to $2.37, fueled by a favorable settlement with the U.S. SEC. The resolution of the long-standing legal dispute has injected confidence into the market, with traders now targeting the $2.50 resistance level.

The SEC agreed to a reduced penalty of $50 million, far below the initial $125 million fine. This development has alleviated regulatory uncertainty, sparking bullish momentum for XRP. Market sentiment suggests further upside potential if the token can breach key technical thresholds.

Ripple and SEC Reach Final Settlement, XRP Price Speculation Emerges

Ripple (XRP) has solidified its position as a dominant force in the cryptocurrency market, now drawing attention as its prolonged legal battle with the U.S. Securities and Exchange Commission concludes. The four-year dispute reached a resolution through a settlement, marking a pivotal moment for the token.

Market observers anticipate potential price movements for XRP as regulatory clarity emerges. The token, already a contender in the ETF race, may now explore new opportunities without the overhang of legal uncertainty. AI-driven price predictions have entered the conversation, though market fundamentals will ultimately dictate trajectory.

XRP Price Poised for $6 Rally as Elliott Wave Theory Signals Final Bullish Leg

XRP bulls are reasserting dominance as technical analysis points to a potential surge toward $6. Dark Defender, a prominent crypto analyst, cites the Elliott Wave Theory’s fifth wave pattern—typically the most aggressive upward phase—as the driving force behind this forecast.

The chart structure since February 2025 shows XRP completing preliminary waves, with the monthly Wave 5 now partially formed. This pattern historically precedes explosive price movements, suggesting significant upside remains despite recent gains.

XRP Nears Key Technical Crossroads as Traders Anticipate Breakout

XRP, the fourth-largest cryptocurrency by market capitalization, is approaching a critical technical juncture. The 50-day and 200-day Simple Moving Averages are converging rapidly, setting the stage for either a golden cross or death cross on the daily chart. Such crossovers often serve as bellwethers for market sentiment, though they rarely act as standalone predictors.

A golden cross formation—where the shorter-term SMA overtakes the longer-term one—historically precedes bullish momentum. The last such occurrence in November 2024 preceded a 60% rally to $3.40 by January. Conversely, a death cross could signal weakening momentum. XRP currently trades at $2.43, having rebounded from $2.117 amid heightened volatility.