- XRP price stabilizes near $1.38 as leverage ratio drops sharply
- Ascending triangle forms with resistance near $1.45 breakout level
- Rising leverage could trigger a rapid upside move if momentum returns
XRP price is holding steady near $1.38 as market conditions shift after a sharp leverage reset. Data from CryptoQuant shows reduced speculation and a cleaner setup forming. With an ascending triangle developing and key resistance ahead, traders are watching closely for signs of a breakout or continued consolidation phase.
XRP Price Holds Steady as Leverage Ratio Signals Reset
XRP price is showing signs of stability as market conditions shift toward a cleaner setup. According to CryptoQuant data, XRP price trades near $1.38 after a minor 0.59% daily gain. The XRP price remains within a tight range, reflecting consolidation rather than strong directional movement.
The estimated leverage ratio on Binance has dropped sharply over recent months. It declined from above 0.55 in 2025 to around 0.15 now. Analyst Pelinay PA stated, “the market appears calm but is building potential energy.” This suggests that the XRP price may be preparing for a stronger move.
Lower leverage reduces the risk of forced liquidations. At the same time, it shows reduced participation from traders. The XRP price holding steady during this phase indicates resilience despite weaker activity levels.
XRP Price Forms Triangle Pattern With Key Levels in Focus
The XRP price is currently forming an ascending triangle pattern on the chart. Higher lows are visible between $1.10 and $1.20, while resistance stands near $1.42 to $1.45. This structure reflects gradual buying pressure building over time.
Technical indicators show mixed signals for the XRP price. The RSI is moving near the 50 level, indicating improving momentum. However, on-balance volume remains flat, suggesting limited accumulation so far. This creates a balanced setup without clear dominance from buyers or sellers.
A breakout above $1.45 could push the XRP price toward $1.60 and possibly $1.70. On the downside, failure to break resistance may send the XRP price back toward the $1.25 range.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
