Ripple XRP Price Stabilizes Above 210 Amid Market Selloff and Bearish Sentiment

Ripple (XRP) price has stabilized above the $2.10 mark as the broader crypto market experienced renewed selling pressure following the latest U.S. Non-Farm Payrolls (NFP) report. The latest XRP liquidation data reveals a crucial bearish leverage cluster that could determine the next major price move.

Ripple (XRP) price found strong support at the $2 level despite a sharp sell-off over the weekend. XRP traded as low as $2.08 on Sunday, marking a 22% decline in just 48 hours. However, bullish traders made a concerted effort to prevent a deeper breakdown, with XRP rebounding to $2.17 at the time of writing.

The broader crypto market has been weighed down by capital outflows following the U.S. NFP report. With bond yields climbing and inflation concerns resurfacing, risk assets like XRP continue to face macroeconomic headwinds. The 10-year U.S. Treasury yield surged to 4.3%, its highest level since November 2023, signaling that institutional investors are shifting funds toward fixed-income securities.

As tariff impacts on global trade begin to materialize, crypto markets could experience further volatility in March. This could put additional pressure on Ripple price, making its upcoming resistance battles even more crucial for traders seeking a bullish recovery.

XRP price action has been significantly influenced by market sentiment surrounding Donald Trump’s economic policies. While Bitcoin has seen heightened volatility, XRP traders have also adjusted their positions in anticipation of further regulatory shifts.

According to Coinglass data, bearish traders currently dominate the XRP derivatives market. Over the past 30 days, total long leverage positions amounted to $114 million, while short leverage stood at $372 million. This means that bearish sentiment has accounted for approximately 76.5% of leveraged positions, reflecting growing caution among traders regarding Trump’s policies and their potential impact on XRP prices.

A closer look at the liquidation map reveals that of the active $372 million in short contracts, a significant $297 million is concentrated at the $2.70 mark. This level represents a major hurdle for bulls in the next recovery phase.

If XRP price approaches $2.70, bear