XRP is holding a key support level, but market data shows sellers are still dominating trading activity.
The cryptocurrency was trading around $1.36, gaining slightly in the past 24 hours. Even with this small rise, the token remains far below its 2025 peak of $3.65, meaning it has lost more than 60% of its value since then.
Trading activity has increased recently. Daily trading volume reached about $2.55 billion, which is a big jump compared to the previous day.
Data also shows more activity in derivatives markets. According to figures from CoinGlass, trading volume rose to $3.54 billion, while open interest climbed to about $2.33 billion. This suggests traders are opening new positions while waiting for the next price move.
However, selling pressure remains strong. Analysts say aggressive sell orders are currently higher than buy orders. The buy-to-sell ratio sits below 1, meaning traders are selling more often using market orders.
This imbalance usually limits upward momentum. Buyers are mostly placing limit orders, while sellers are executing faster market orders that push prices down.
Technically, XRP has built a support zone between $1.30 and $1.33. The price has bounced from this area several times, suggesting buyers are trying to defend it.
If the support continues to hold, XRP could attempt a move toward $1.40, which many traders see as the next psychological level. But if the $1.30 support breaks, analysts warn the price could drop toward $1.20.
