XRP stuck below $1.65 for months; watch $1.10/$0.87 liquidity sweep
XRP has been trading below the key resistance at $1.65 for nearly four months, with repeated failed breakouts as sellers absorb upside and buyers grow cautious. Analyst CasiTrades says each attempt to reclaim $1.65 triggers fresh selling, weakening XRP momentum and increasing the odds of another downside push.
Key downside levels for XRP are $1.10 and $0.87, seen as liquidity-rich zones where demand could return and act as a positioning reset rather than a permanent breakdown. Traders are also watching for a “liquidity sweep,” a move that can flush out leveraged positions near major levels before any larger trend develops.
At the time of writing, XRP is around $1.33 (down 2.83% over the past week). Whale activity reportedly fell by more than 50%, suggesting large holders are waiting for clearer direction. With XRP compressed between $1.65 resistance and supports below, volatility is likely to expand once XRP breaks its range—either a sustained hold above $1.65 for a potential medium-term reversal, or a drawdown toward $1.10/$0.87.
Neutral
The news is primarily bearish-to-neutral for XRP in the near term but leaves upside conditions if $1.65 is reclaimed. The repeated rejection below $1.65 for months and the stated tendency for every retest to trigger selling suggest downside pressure and a higher likelihood of a liquidity sweep that flushes leveraged positions. The highlighted supports at $1.10 and $0.87 mark clear areas where buyers may re-enter, which can limit the downside and create a reset rather than an immediate trend collapse.
Key caution is reinforced by falling whale activity (>50% reported decline), implying large holders are waiting and may not support an upside breakout yet. For traders, this sets up a range-bound environment until XRP breaks. A sustained hold above $1.65 would improve the medium-term outlook and negate the bearish momentum thesis, while failure there keeps XRP vulnerable to drawing down toward $1.10/$0.87. Hence, the overall expected impact on XRP itself is neutral, leaning risk-managed bearish until direction is confirmed.