COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- XRP witnessed over $3 million in liquidations during the last trading session.
- It continued its trajectory below its short-term moving average.
- “The recent fluctuations in XRP’s price have raised significant concerns among investors,” noted a crypto analyst.
Explore the volatility of XRP as it experiences a significant downturn and what it means for investors moving forward.
XRP’s Price Decline
In an in-depth analysis of XRP’s pricing trends, it was observed that the cryptocurrency had a 3.21% price increase, reaching $0.50 by the end of June 17th. However, the gains were short-lived, with the price retracting significantly in the subsequent trading session on June 18th.
Throughout June 18th, XRP experienced a decline of 2.73%, coming down to approximately $0.49. This drop kept its trading value below the short-term moving average, which has acted as a price resistance at $0.51 for a considerable period. As of this moment, XRP’s value has further dropped to around $0.48. Additionally, its Relative Strength Index (RSI) remains below the neutral line, indicative of an ongoing bearish trend.
The long-term moving average, positioned at around $0.56, further underscores XRP’s current weakness. This trend reveals that the distance between the long-term and short-term moving averages (blue and yellow lines, respectively) signifies a bearish market condition for XRP.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Record Liquidations
XRP’s price depreciation has prompted a notable increase in liquidation volumes. According to data from Coinglass, by the end of trading on June 18th, there were over $3 million in liquidations. A closer examination revealed that long positions accounted for approximately $2.79 million of this, while short positions recorded around $343,000 in liquidations.
Decreasing Investor Interest
The recent trends in XRP’s pricing and liquidation volumes have had a direct impact on investor interest. CryptoQuant’s data shows that when XRP’s price surged by over 3% to hit the $0.50 mark, there was a corresponding spike in open interest, which climbed to over 422 million. However, this enthusiasm waned as the price descended, causing open interest to drop to approximately 405 million.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
This contraction in open interest highlights that numerous traders opted to close their positions in response to the falling prices. Despite a generally positive trend, the reduced open interest points to a decline in investor confidence and engagement.
Conclusion
The recent downward spiral of XRP underscores the volatility that is often associated with the cryptocurrency market. While the price and open interest demonstrated initial bullish signs, subsequent declines have caused concern among traders and investors. Moving forward, it is crucial for stakeholders to closely monitor market indicators and trends to better understand and navigate this volatile landscape.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |