• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

🔥 DCA Live: Your 🔮 Week-Ahead Alpha Drop 🚀

2025-06-23

Who is selling BTC on Sundays?

2025-06-23

Monarchy, Oligarchy, Democracy, And Bitcoin

2025-06-21

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    A Step-by-Step Guide for Beginners

    2025-06-20

    Long and Short Positions in Crypto Explained for Beginners

    2025-06-20

    What Is Fully Diluted Valuation (FDV) in Crypto?

    2025-06-12

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    2025-06-09

    What Is Crypto Staking? How to Earn Crypto by Holding It

    2025-06-05
  • Videos

    🔥 DCA Live: Your 🔮 Week-Ahead Alpha Drop 🚀

    2025-06-23

    Who is selling BTC on Sundays?

    2025-06-23

    Monarchy, Oligarchy, Democracy, And Bitcoin

    2025-06-21

    How Leverage Could Make You Rich—or Wipe You Out!

    2025-06-21

    JP Morgan Just BET On Bitcoin?! This Changes Everything…

    2025-06-20
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Analysis»XRP Price Gears Up For Big Squeeze, Which Side Will Prevail?
Analysis

XRP Price Gears Up For Big Squeeze, Which Side Will Prevail?

2023-10-11No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The XRP price has experienced a lot of volatility in the first two weeks of October, in contrast with previous months. This trend will continue as a critical metric hint at a potential “short squeeze,” a price move set to take liquidity from long or short positions.

As of this writing, the XRP price trades at $0.48 with a 2% loss in the last 24 hours. The cryptocurrency recorded a 9% loss in the previous seven days and operated as the worst performer in the top 10 by market cap, closely followed by Solana (SOL).

XRP Price XRP XRPUSDT
XRP’s price moving sideways on the daily chart. Source: XRPUSDT on Tradingview

XRP Price Sets Trajectory For Short Squeeze?

The crypto market has been experiencing a spike in volatility since October. Following months of sideways movement by Bitcoin and Ethereum, the XRP price broke the trend and ignited new life into the nascent sector.

The spike in volatility was recorded when the US Securities and Exchange Commission (SEC) lost its case against payment company Ripple. A US Judge favored the company and deemed the XRP token outside of securities laws in the country.

This event propelled XRP to fresh yearly highs, but the cryptocurrency has been losing some steam. Uncertainty in the crypto market remains high, and any individual bull run seems likely to lose power, as demonstrated by XRP’s latest price action.

However, the current status quo is fragile, and fresh data indicates an aggressive move is in the making. A pseudonym analyst shared the chart below, showing the spike in the Bitcoin Open Interest.

XRP price XRPUSDT Ripple XRP analysis
Spike in Open Interest points to a big move ahead. Source: DaanCrypto on X

The analyst claims that the metric stands at a critical point that often leads to sudden moves in the price of Bitcoin, XRP, and other cryptocurrencies. In the short term, this spike in volatility could lead the XRP back to critical support levels.

See also  What To Expect This Month For XRP Price According To Historical Data

However, the most likely scenario is that the Short Squeeze, the sudden spike in volatility, operates as a tool for prominent market participants to take liquidity off both sides, longs and shorts.

Crypto Poised For Downside Price Action

On higher timeframes, the crypto market and more prominent cryptocurrencies could become an obstacle to any upside on XRP. According to another analyst, the sector is gearing up for a significant move to the downside.

The analyst bases this theory on the upcoming Bitcoin Halving. This event has a profound impact on all other cryptocurrencies, and right now, BTC is at a critical point in which historical data points to a deep retrace back to around $20,000.

If BTC follows this trajectory, XRP could return to its pre-SEC victory levels. However, this downside price action might provide bulls with the “perfect” opportunity to accumulate before an overall bull run unleashes its force on the nascent sector.

As News reported, historical data also points to a great performance for XRP in the year’s second half. The cryptocurrency enjoys a 30% return on investment (ROI) during this period.

Cover image from Unsplash, chart from Tradingview

Big Gears prevail Price side Squeeze XRP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

HyperLiquid Taking Over: HYPE Breakdown & Price Predictions!!

2025-06-19

Bitcoin’s Next BIG Move, BOJ Meeting, Top Defi Cryptos & More

2025-06-16

This Is Causing Major Bitcoin Price Suppression

2025-06-14

Get Ready For Bitcoin’s Next Big Move

2025-06-12
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Analysis

Bitcoin Price Targets Fresh Highs As Bulls Aim For Another 10% Surge

2023-10-26

Bitcoin price stayed above the $33,200 support zone. BTC is rising and might aim for…

Videos

HUGE Whales Are Dumping, Alt Season Is OVER?

2024-11-26

MEMBERSHIP SALE: https://www.learningcrypto.com/early-access-saver SHOP: https://shop.learningcrypto.com …

Videos

Bitcoin & Crypto Shock and Awe event!

2025-02-13

The crypto market is where large wealth gains are made! . Do you want $30000…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

🔥 DCA Live: Your 🔮 Week-Ahead Alpha Drop 🚀

2025-06-23

Who is selling BTC on Sundays?

2025-06-23

Monarchy, Oligarchy, Democracy, And Bitcoin

2025-06-21

How Leverage Could Make You Rich—or Wipe You Out!

2025-06-21
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 105,648.31
ethereum
Ethereum (ETH) $ 2,440.96
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.20
bnb
BNB (BNB) $ 643.01
solana
Solana (SOL) $ 143.94
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.273883
dogecoin
Dogecoin (DOGE) $ 0.164157
staked-ether
Lido Staked Ether (STETH) $ 2,437.89
bitcoin
Bitcoin (BTC) $ 105,648.31
ethereum
Ethereum (ETH) $ 2,440.96
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.20
bnb
BNB (BNB) $ 643.01
solana
Solana (SOL) $ 143.94
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.273883
dogecoin
Dogecoin (DOGE) $ 0.164157
staked-ether
Lido Staked Ether (STETH) $ 2,437.89