XRP tests $1.33 as rising leverage and weak price action create unstable setup

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP tests $1.33 as rising leverage and weak price action create unstable setup Funding spikes and liquidations point to positioning build-up, with direction hinging on whether buyers can defend support. By Shaurya Malwa Mar 29, 2026, 1:38 p.m. Make preferred on What to know : XRP is hovering around $1.33 as price action drifts lower, with momentum slowing but not yet reversing. Rising funding rates and growing leverage show traders are increasingly bullish even as repeated rejections near $1.35 to $1.36 keep sellers in control. If $1.33 support breaks, XRP could slide toward $1.30, while a sustained move above $1.35 to $1.36 would be needed to shift momentum higher. XRP is holding near $1.33, but the setup is getting fragile. Price isn’t collapsing, but it’s not recovering either — and that kind of drift lower, paired with rising leverage, usually doesn’t resolve quietly. News Background XRP slipped slightly over 24 hours, staying pinned near $1.33 Funding rates jumped sharply while long liquidations picked up, signaling aggressive positioning Large volume spikes earlier in the session failed to translate into sustained upside Price Action Summary Price briefly pushed higher but was rejected near $1.35-$1.36 The market has since rotated lower into support around $1.33 Structure shows lower highs, even as support continues to hold Momentum has clearly slowed rather than reversed Technical Analysis This is a classic tension setup: positioning is increasing, but price isn’t following Rising funding rates suggest traders are leaning bullish, yet repeated rejections show sellers still control the tape The failed follow-through after high-volume moves is the key signal — demand isn’t strong enough yet That mismatch often leads to sharper moves once one side gets forced out What traders should watch $1.33 is the immediate line — a break likely accelerates toward $1.30 On the upside, reclaiming $1.35-$1.36 is needed to shift momentum The bigger tell is positioning: if leverage keeps building without price moving higher, downside risk increases Markets More For You The Definitive Stablecoin Landscape Series: North America By CoinDesk Research Mar 26, 2026 Commissioned by Ripple As stablecoins evolve into core financial infrastructure, North America leads. This report maps the regulation, market shifts, and players driving adoption. Why it matters : Stablecoins are entering their third phase of evolution - the institutionalization era - becoming increasingly embedded into core financial infrastructure. As institutions prioritize transparency and compliance, regulated issuers like USDC, RLUSD, and PYUSD are steadily gaining share with RLUSD surpassing $1B in market cap within its first year. North America, leading in regulatory frameworks and institutional distribution, is at the center of it all. View Full Report More For You Kalshi secures license to offer margin trading to institutional investors By Francisco Rodrigues | Edited by Aoyon Ashraf 20 hours ago Margin feature is a departure from traditional prediction markets, which typically require fully collateralized positions, and comes as the industry sees growing trading volumes and investment. What to know : Prediction market platform Kalshi has been cleared to offer margin trading to professional clients, allowing them to open positions with less upfront capital. The move is designed to make Kalshi more appealing to institutional investors, and could be rolled out first for new products rather than core event contracts. Kalshi's... Read full story Latest Crypto News Bittensor ecosystem tokens' value hit $1.5 billion as Jensen Huang endorsement supports TAO rally 23 minutes ago Inside Aave’s governance battle as DeFi giant prepares for upgrade 39 minutes ago Crypto needs a reset before the next bull run 19 hours ago Washington sues Kalshi as states ramp up legal pressure against prediction markets 19 hours ago Kalshi secures license to offer margin trading to institutional investors 20 hours ago Canada moves to ban crypto donations for election campaigns following UK 20 hours ago Top Stories Morgan Stanley enters bitcoin ETF race with market-leading low fee Mar 27, 2026 Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout Mar 27, 2026 Here's how bitcoin, Ethereum and other networks are preparing for the looming quantum threat 21 hours ago Here's what next as Anthropic's most powerful AI model leaked via unsecured data cache Mar 28, 2026 Why bitcoin's 'compressed' valuation offers reduced downside risk versus stocks 21 hours ago Bitcoin miners are becoming AI companies and selling their BTC to fund the transition Mar 28, 2026