XRP holds $1.33 as leverage rises and $1.35–$1.36 breakout fails
XRP stayed near $1.33 over the past 24 hours, but recovery attempts failed as futures leverage climbed and the $1.35–$1.36 breakout did not hold. Price briefly tested the resistance zone, then heavy selling pushed XRP back to $1.33 despite a sharp rise in trading volume.
Futures open interest and funding rates increased quickly, suggesting traders built bullish positions. However, long liquidations also rose, pointing to fragile sentiment and worsening risk conditions. The technical picture turned cautious, with lower highs forming after each rejection, indicating momentum is weakening.
Key levels for XRP trading are $1.33 support and $1.30 as the next downside magnet if it breaks. A bullish reversal would require XRP to reclaim and hold above $1.35–$1.36 to reduce liquidation pressure. Overall, higher leverage plus stalled price action often precedes sudden volatility after a sideways range.
Bearish
Both summaries point to a stalled XRP breakout despite rising futures leverage and funding. In the short term, the failure to hold above $1.35–$1.36, combined with rising long liquidations, increases the chance of a support break. If $1.33 gives way, downside could accelerate toward $1.30. Even though funding suggests some bullish positioning, the fragile sentiment and weaker technical structure (lower highs after resistance tests) make rallies less reliable.
In the medium to long term, the direction depends on whether leverage/funding cools while price recovers to higher highs. As long as leverage stays elevated while spot action remains capped, the market is more prone to sharp volatility and downside snapbacks, keeping the near-term bias bearish.