XRP experiences strange movements: price stability amid turbulence in liquidations

Despite the relative calm shown by the XRP price, which remains around $1.70 (as of January 31, 2026), the cryptocurrency is experiencing strange things beneath the surface. Data from the last 24 hours reveal a much more complex picture than what the traditional price chart suggests.

Strange behaviors in XRP volume and liquidations

Liquidation activity has been notably high, with over $860 million liquidated in the past day, with long positions being the most affected. This liquidation volume is disproportionate compared to the current price movement, suggesting a fragile market structure where small movements can cause large disruptions.

The most intriguing aspect is how the market reacts each time XRP approaches the $2 zone. During these moments, accumulated losses of between $500 million and $1.2 billion are recorded at each rejection; however, the price resists falling sustainably. This pattern indicates a fierce battle between buyers and sellers at that level.

Why does XRP remain resilient in the critical $2 zone?

The price stability despite liquidation pressure suggests institutional interest or large holders (whales) are maintaining the price. Each attempt to break downward triggers support buys, preventing a larger fall. This dynamic creates an environment where the price oscillates within a relatively narrow range but with significant underlying volatility.

XRP’s current behavior shows strange things typical of markets where there is disagreement over the fundamental value. While some participants try to push the price down, others are aggressively buying the dips, creating an unstable balance.

Market implications: between apparent stability and latent pressure

Although the -2.12% decline in the last 24 hours may seem moderate, the combination of high liquidations and price resistance suggests that any strong movement (up or down) could trigger a cascade effect. Market participants should be alert to changes in supply-demand dynamics that could break this equilibrium.

Current activity in XRP demonstrates that strange things happen beyond what price charts show. Liquidation data, trading volume, and resistance at key levels provide a clearer picture of the true market state. Those monitoring these alternative metrics will have an advantage in understanding the upcoming movements of the cryptocurrency.