XRP’s Volatility Amid Geopolitical Tensions: A $32M Liquidation Event

Ripple's XRP experienced significant volatility, dropping nearly 9% to $1.95 before partially recovering to $2.04, ultimately settling at $2. This sharp decline was triggered by escalating geopolitical tensions in the Middle East, which rattled global markets. According to TradingView data, approximately $32 million in XRP positions were liquidated, with a staggering 97% of these being long positions. Concurrently, short interest in XRP surged by an astonishing 3,222%, highlighting the market's bearish sentiment during this period. The fragility of XRP mirrored broader declines in Asian markets, with India's Sensex falling 500 points and Japan's Nikkei dropping 50 points. Additionally, concerns over crude oil supply further exacerbated the market's unease. Despite these challenges, XRP's partial recovery suggests underlying resilience, leaving room for cautious optimism among investors. As of June 24, 2025, the cryptocurrency market remains highly sensitive to geopolitical developments, with XRP's performance serving as a barometer for broader digital asset sentiment.

XRP Faces $32M Liquidation Amid Geopolitical Tensions

Ripple's XRP tumbled nearly 9% to $1.95 before a partial recovery to $2.04, settling at $2 as Middle East tensions rattled markets. Some $32 million in XRP positions were liquidated—97% from longs—while short interest exploded 3,222% according to TradingView data.

The token's fragility mirrors broader Asian market declines, with India's Sensex dropping 500 points and Japan's Nikkei falling 50 points. Crude oil supply concerns loom as Iran threatens to block the Strait of Hormuz, compounding pressure on risk assets.

XRP Price Completes Bearish Retest, Macro Signals Point to $2.65 Target

XRP has emerged from a critical bearish retest, with analyst Egrag Crypto identifying $2.65 as the next macro target. The cryptocurrency recently dipped below $2 but now shows signs of bullish reversal potential.

Key breakout zones lie between $2.30-$2.33, with $2.65 serving as the decisive level for confirming upward momentum. A 12-hour close above $2.08 WOULD signal aggressive bull participation, while failure could trigger another retest of $1.90 support.

The $2.65 threshold represents more than just resistance—it's the launchpad for potential new highs. Chart analysis suggests $3.40 becomes viable upon clearing this barrier, marking what the analyst calls "the final shakeout" before significant upside.

XRP Faces Sell-Off Pressure as Whales Take Profits

Ripple's XRP is under significant selling pressure as large holders begin offloading tokens, triggering concerns of a prolonged downturn. The asset has dropped below both its 50-day and 200-day exponential moving averages, trading around $1.99—a 12% weekly decline. Bearish momentum is reinforced by rising sell volume and a Relative Strength Index (RSI) hovering at 34, nearing oversold territory without signs of reversal.

On-chain metrics reveal intensified whale activity, with transaction counts spiking on June 23 alongside a sharp price drop—a classic profit-taking signal. Derivatives data further underscores fragility, with declining open interest and Binance's liquidation heatmap showing dense clusters NEAR key levels. The MACD's widening negative gap confirms sustained bearish dominance.

XRP Shows Consolidation Potential as AI Model Flags Oversold Conditions

XRP's price action suggests a consolidation phase, with the cryptocurrency trading at $2.0016 amid moderate volatility. ChatGPT o3's AI analysis of 42 real-time indicators reveals the asset is approaching oversold territory, historically a precursor to short-term rebounds when paired with strong fundamentals.

Key resistance lies at the 200-day EMA, while social engagement remains elevated despite a recent dip in trading activity. The RSI reading positions XRP closer to oversold conditions than most major cryptocurrencies, creating potential for relief rallies if market sentiment shifts.

Market participants are weighing this technical setup against a backdrop of 95% ETF approval odds, which could serve as a catalyst for renewed momentum. The narrow trading range between recent highs and lows indicates compressed volatility, often preceding breakout moves in either direction.

Analysts Debate XRP Price Trajectory Amid Mixed Technical Signals

XRP's 7% weekly decline to $2.06 reflects broader market jitters following US-Iran tensions, with traders scrutinizing key technical levels. Veteran analyst Peter Brandt identifies a potential Head-and-Shoulders pattern but cautions against premature bearish calls, noting the critical $1.80 support level must hold to avoid confirmation of a downtrend.

EGRAG crypto counters with bullish indicators, highlighting the Gaussian Channel's volatility-based support near $1.75. The divergence in interpretations underscores XRP's precarious position - neither decisively bullish nor bearish, with geopolitical factors and technical thresholds dictating near-term momentum.

XRP Price at Critical Juncture as $2.01 Support Holds the Key to Next Move

XRP teeters on the edge of a 20% plunge to $1.55 as markets test a decisive support level at $2.01. The digital asset's recent descent from a symmetrical triangle formation has unfolded with technical precision, mirroring analyst predictions. Crypto trader CasiTrades notes the $2.01 zone represents both a Fibonacci confluence and psychological battleground.

Friday's breakdown below $2.13 accelerated into a 24-hour rout that briefly pushed XRP to $1.92 before buyers emerged. The rebound to $2.01 coincides with emerging bullish divergences on shorter-term RSI indicators, though confirmation remains elusive. Market participants now watch whether this level transforms from resistance to springboard.