XRP has entered a correction after a 71.8 percent surge and is testing a key support zone of $1.35 to $1.38. About 3.2 billion XRP changed hands in that range, making it a major demand area. Resistance is seen at $1.60 to $1.86, with heavier supply at $1.86. The recent pullback coincided with rising derivatives leverage on Binance, widening price swings.

XRP leverage in Binance futures has fallen to 0.16, near 2026 lows, signalling traders have sharply reduced leveraged exposure after a roughly 70 percent pullback from a 2025 high of $3.65. CryptoQuant analyst Darkpost called the deleveraging a healthy sign and compared it with mid-2024, when XRP later rose more than 790 percent. Separately, XRP holders have been withdrawing more than depositing on major exchanges, though prices stayed around $1.10.