XRP Slumps as Liquidations Rise and Macro Oil Risk Crimps Sentiment

XRP price is sliding toward key support as bearish momentum builds and leveraged traders get squeezed. At about $1.332, XRP is down 3.07% over 24 hours, after a session range of roughly $1.382 (high) to $1.326 (low). Price action on the 4-hour chart shows a sequence of lower highs and lower lows, following rejection near $1.466. Sellers remain in control near support around $1.326, while bounce attempts fail. Derivatives highlight the pressure. Total crypto liquidations reached about $450.54M in the last 24 hours, dominated by long positions. For XRP specifically, total liquidations are about $7.75M, including ~$7.15M long liquidations versus ~$0.59M short liquidations—an imbalance that typically intensifies downside moves. Technical indicators are also bearish for XRP: RSI around 32 (near oversold), MACD in negative territory (bearish momentum), and XRP trading below key moving averages (14/21-day). Bollinger Bands show XRP pressing near the lower band (~$1.326), suggesting limited near-term downside room if support holds—but a break could accelerate declines. A stabilization signal would likely require XRP to reclaim the $1.37–$1.38 area and overcome clustered moving averages. Macro risk is adding a headwind. Escalating US–Iran tensions and a potential energy supply shock have pushed Brent crude up sharply, with BlackRock CEO Larry Fink warning that oil prices could eventually threaten a broader recession scenario. For crypto traders, this backdrop can increase risk-off behavior and amplify volatility in XRP. In short: XRP is vulnerable while liquidations stay skewed to the long side and macro uncertainty remains elevated.