Crypto World

Can XRP price hold $1.45 demand zone as key metric peaks?

Published

1 month ago

5 February 2026

Can XRP price hold the $1.45 demand zone as key metric peaks? - 1

XRP price is testing a critical demand zone near $1.45 as rising on-chain velocity and falling open interest hint at a decisive move ahead.

Summary

XRP trades near $1.44 after sharp weekly losses, with sellers still dictating short-term direction.
On-chain velocity has surged to yearly highs, suggesting heavy re-positioning as price weakens.
A firm hold above $1.45 could spark a short bounce, while a breakdown risks deeper losses.

XRP was trading near $1.44 at press time, down about 10% over the past 24 hours, sliding to its lowest level since November 2024. The token has weakened across all major timeframes, falling 23% over the past week and nearly 40% over the past month.

Price action over the last seven days has remained confined between $1.44 and $1.88, with sellers maintaining control. Even so, market activity has picked up. XRP (XRP) recorded $5.07 billion in trading volume in the past 24 hours, up 25%. This points to heavy participation during the sell-off.

Derivatives data show a more cautious tone. CoinGlass figures indicate futures volume rose 17% to $7.94 billion, while open interest slipped 1.8% to $2.61 billion. This mix suggests that traders reducing leverage while spot activity rises, a setup that can appear near short-term turning points.

XRP velocity spikes as supply shifts hands

A Feb. 4 analysis by CryptoQuant contributor CryptoOnchain highlighted a sharp move in XRP Ledger activity. The seven-day SMA of XRP velocity climbed to 0.013 on Feb. 3, matching the highest levels seen since January 2025.

In previous cycles, this level has appeared at key moments. During this instance, the velocity increase coincided with a price decline, suggesting rapid coin movement rather than steady accumulation. Such conditions are often linked to older holdings changing hands or aggressive short-term trading during periods of stress.

According to the analyst, when velocity reaches its upper range while price struggles, it can mark a high-friction phase in the market. Whether this activity marks late-stage selling or the early stages of stabilization depends on how the price reacts around key support.

In a separate note, CryptoOnchain pointed to a sharp drop in XRP open interest on Binance, which has fallen to $405.9 million, the lowest level since November 2024.

A market reset of this size suggests that leverage has been significantly reduced. The probability of more forced sales drops as positions are unwound. This eases the influence of derivatives on short-term price moves.

Under these conditions, if spot demand holds up, any rebound is more likely to develop in a gradual and orderly way.

XRP price technical analysis

XRP is testing a clearly defined demand zone at $1.45, which has held during prior drops. The token is trading well below its 20-day moving average, placing the price in a stretched position.

XRP has also slipped below the lower Bollinger Band, which points to shrinking volatility. Instead of sellers running out of steam, the price action suggests heavy selling pressure pushing straight into support.

The relative strength index is in the low-30s, indicating that momentum is weak but getting closer to levels where selling pressure often slows.

Smaller bodies and longer wicks on recent candles suggest that sellers are meeting more resistance close to the current price. So far, the $1.45 level has not given way on a daily close.

If buyers continue to defend this zone, a short-term bounce toward $1.60–$1.70 becomes possible, driven by oversold conditions and reduced leverage. For the price to stabilize further, XRP would need to reclaim $1.80 and hold it.

Failure to hold $1.45 would change the picture quickly. A clean break below that level could open the door to deeper losses, as visible support becomes thinner beneath current prices.

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Crypto World

Retail ETF Frenzy Fueled Silver and Gold Boom and Bust

Published

7 minutes ago

19 March 2026

NewsAdmin

Retail ETF Frenzy Fueled Silver and Gold Boom and Bust

Retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS).

“Retail-driven exuberance,” increasingly channeled through exchange-traded funds (ETFs), “set the stage for outsize moves,” continuing the precious metal rally from 2025, reported the BIS in a quarterly review released on Monday.

Since Q2 2025, retail investors have bought around $70 billion in gold ETFs, and these purchases have more than tripled over the last six months, observed the Kobeissi Letter, citing BIS data on Thursday.

“Retail investors are all-in on precious metals,” it noted.

Gold has surged 60% over the past year, and some crypto proponents have speculated it has come at the expense of Bitcoin, which some argue competes with gold as a store-of-value asset.

BIS data shows cumulative retail inflows effectively tripled from around $20 billion to roughly $60 billion over the six months from late Q3 2025 to the end of Q1 2026.

However, institutional selling started around mid-November and accelerated after the precious metals market began to correct in January, according to the data.

*Retail has been buying gold funds while institutions have been selling. Source:* *BIS*

Leveraged liquidations amplified commodity drops

Bitcoin (BTC) is not the only asset susceptible to high volatility from overleveraged positions.

Prices of precious metals such as gold and silver reversed abruptly in late January and February 2026, while the “daily rebalancing of leveraged ETFs and margin‑triggered liquidations amplified the swings,” particularly in silver, BIS reported.

Smaller speculative derivatives traders, or “non-reportables,” had built up heavily leveraged long positions in silver heading into the crash, it added.

Gold prices are currently down 9% from their late January all-time high, while silver has slumped much harder, dropping 34% over the same period, according to GoldPrice.

The abrupt price drop and the spike in precious metal volatility “point to the role of retail flows, and amplification of price moves due to forced sales by leveraged ETFs, trend-following investors such as commodity trading advisers, and margin dynamics,” BIS stated.

Dollar strengthens as commodities and crypto weakens

The bank concluded that gold and silver declines coincided with changing expectations around US monetary policy and the performance of the US dollar, which has gained 4.7% since late January, according to the DXY dollar index.

“The precious metals crash seemingly coincided with shifts in expectations about the US dollar and the path of monetary policy, but it was hard to square with broader changes in fundamentals.”

Meanwhile, crypto markets have fallen around 43% from their October total capitalization peak as retail sentiment and interest in digital assets have dried up and remain at bear market levels.