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XRP faces volatility as a $52M 10x leveraged long position tests support at $1.35-$1.40.

Technical Signals
26 Aug 2026
Dailycoin
View Source
Neutral
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XRP's recent price rebound has encountered volatility due to a large $52 million long position opened with 10x leverage, raising market risk. The token pulled back about 5% to around $1.44 after a sharp rally, with derivatives positions hitting a seven-month high. This large leveraged trade could amplify price swings, as small moves against the position might trigger liquidations and rapid market shifts. XRP's next move depends on whether it can break resistance near $1.56 or face a deeper retracement amid elevated leverage and market uncertainty.

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