XRP Rebounds 12.5% to $2.15 Amid $50M Crypto Liquidations

XRP price has rebounded above $2 as Bitcoin and Ethereum traders face $50 million in liquidations. This comes as the crypto market experiences a weekend demand weakness, which may pressure altcoins lower. The price of Ripple (XRP) initially dropped to a 30-day low of around $1.80 following the announcement of sweeping tariffs. However, the momentum shifted positively in recent days as Bitcoin held firm above $82,000 after retaliatory tariffs, reinforcing investor confidence in the crypto markets as a crisis-resistant asset class.

Ripple price has since rebounded 12.5% since Thursday, rising to $2.15 at press time. The price continues to consolidate well above the $2 mark, mirroring the resilience of other major cryptocurrencies like Ethereum, Bitcoin, and Solana, which have also defended key psychological support levels. Meanwhile, top-ranked US stocks such as Apple, NVIDIA, and Microsoft recorded significant losses before the week’s trading closed on Friday.

With top-ranked crypto assets including XRP consolidating around key psychological price points this weekend, it signals market-wide buying support amid capital inflows from investors exiting stocks due to US trade war tensions. However, considering that US markets are now closed, the volume of transitional capital flows could slow down significantly until pre-market trading begins. This stance is validated by derivatives market data showing evidence of short-term bearish trading signals.

Derivatives data from Coinglass shows that over the past 24 hours, crypto markets saw a total of $110.65 million in liquidations, with long positions accounting for $85.10 million—over 76% of the total. Bitcoin and Ethereum alone recorded nearly $50 million combined, with Bitcoin traders booking $36.32 million in liquidations, followed by Ethereum at $13.61 million. The bearish imbalance, especially the outsized long wipeouts in the last 12 hours, points to a rising number of over-leveraged bullish positions being flushed out. This suggests short-term exhaustion in buying momentum, increasing the likelihood of a minor pullback or sideways action through the weekend.

As the week closes, XRP price forecast charts reflect signs of short-term exhaustion following its rebound to $2.15. Despite five consecutive green candles, XRP price remains below the 50-day EMA at $2.21 and the 100-day EMA at $2.28. This reflects supply-side pressure still outweighing momentum, even as bulls attempt a recovery from March’s lows. The 200-day EMA near $1.95 is acting as a key anchor. A breach below this could trigger stop runs and reopen downside risk toward $1.80. The True Strength Index (TSI) remains in bearish territory at -0.80, yet is flattening, hinting that the selling momentum is decelerating. Volume has weakened across recent sessions, confirming the rally lacks conviction. A clear break above $2.22 would be required to invalidate near-term bearish bias.

Until that happens, XRP remains vulnerable to weekend drawdowns. Bulls must defend $1.95 or risk deeper losses into next week’s open. A close below $2.00 would reassert sellers’ control short-term. Strategic altcoin traders would watch for support retests, especially if funding rates begin to flip or volume declines further ahead of Monday’s open. With high leverage being unwound and external demand on pause, weekend trading may turn defensive with XRP markets and other prominent altcoins.