The price of XRP indicates the appearance of a bullish hammer candlestick with increasing liquidations.

The price of #XRP has fallen to its lowest level since April of last year, amid a declining cryptocurrency market and accelerated liquidations.

Summary

The price of XRP has dropped to its lowest point since April of last year.

A hammer candlestick pattern has formed, which is a common indicator of a bullish reversal.

The coin is likely to experience a short-term rebound in the near future.

The price of #الريبل (XRP) fell to a low of $1.500, a 55% decrease from its peak in 2025, costing investors billions of dollars.

The coin's collapse coincided with the ongoing crash of the cryptocurrency market, which affected the entire market. Bitcoin's price fell below the key support level of $80,000, while most digital currencies dropped more than 50% from their all-time highs.

The price of #Ripple collapsed as many investors started selling, while buyers remained neutral. The same is happening in the (#ETFs ) ETF market, where spot XRP funds lost over $52 million last week and $40 million the week before. Total inflows into these funds exceeded $1.18 billion.

The price of #XRPUSDT also declined sharply amid rising liquidations. Some data shows that total liquidations in the crypto market jumped 357% in the past 24 hours, reaching over $2.58 billion.

Ethereum liquidations surged to over $1.15 billion, while Bitcoin positions were liquidated for $785 million. XRP positions were also liquidated for more than $61 million in the past 24 hours.

The XRP price also declined amid continued extreme fear among investors. Data shows that the crypto market’s Fear & Greed Index dropped to extreme fear at 18. Usually, cryptocurrency prices tend to fall when fear dominates the market.

Technical Analysis of XRP Price

The daily chart shows that XRP has fallen sharply over the past few months, declining from its high of $3.6622 in July last year to a low of $1.500.

The price fell below the important support level of $1.7920, which was its lowest point in October, November, and December of last year. A decline below this level indicates seller dominance.

The digital currency’s price remains below all moving averages and the SuperTrend indicator. On the positive side, a hammer candlestick pattern has formed, characterized by a long lower shadow and a small body.

The hammer pattern is a common bullish reversal signal. Therefore, Ripple’s price is likely to resume its upward trend, potentially reaching the $1.7920 level, representing a 9% increase from the current level.

This rebound would be a break-and-retest pattern, a common continuation signal. The full reversal would be confirmed if the price surpasses the 50-day moving average and the SuperTrend indicator.