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 is currently facing significant selling pressure, dropping to an intraday low of $2.96. This decline marks its lowest level since August 6, as bulls struggle to regain momentum in a turbulent market.
Long positions have been heavily liquidated, totaling $380 million in the last 24 hours.
The critical support level for XRP is $2.81, where approximately 1.7 billion tokens were accumulated.
XRP is the second worst-performing token in the top 10, with a 24-hour drop exceeding 4%.
Stay updated on XRP’s performance as it faces selling pressure and key support levels. Explore more on en.coinotag.com.
What is XRP’s Current Market Situation?
XRP is currently experiencing a downturn, hitting an intraday low of $2.96. This decline is part of a broader market trend affecting major cryptocurrencies, including Bitcoin, which is also under pressure.
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 →
Why are Long Positions Being Liquidated?
Long positions in the cryptocurrency market have seen significant liquidations, with $464.70 million wiped out in the last 24 hours. This includes $380 million from long positions, indicating a strong bearish sentiment among traders.
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 →
Frequently Asked Questions
What is the key support level for XRP?
The key support level for XRP is $2.81, where approximately 1.7 billion tokens were accumulated, making it crucial for price stability.
How much has the cryptocurrency market dropped recently?
The cryptocurrency market has faced substantial selling pressure, with XRP dropping over 4% in the last 24 hours, making it one of the worst performers among top tokens.
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 →
Key Takeaways
Market Pressure: XRP has dropped to $2.96, facing significant selling pressure.
Liquidation Impact: $464.70 million in crypto has been liquidated, primarily from long positions.
Support Level: The critical support level for XRP is $2.81, essential for potential recovery.
Conclusion
XRP is currently navigating a challenging market landscape, with a notable decline to $2.96 and significant liquidation events. As the cryptocurrency market remains volatile, monitoring key support levels like $2.81 will be vital for traders and investors alike.
