While checking Ripple news, I noticed that XRP’s price movement is getting quite interesting. Recently, it’s been trading around $1.34, but after looking at the moves so far, I realized it isn’t just a simple decline—it’s a “failure.”

A few days ago, it rose to just before $1.35, but it was pushed back strongly there. In a normal correction, trading volume should decrease, but instead, trading volume is increasing. This is a sign that the sellers are resisting firmly. Especially because liquidity is getting thinner, this kind of combination often leads to big price swings.

What I’m focusing on right now is the rapid drop in liquidity. Even at 某大型交易所, the order book has become thin, and at the same time, short positions are increasing. Open positions are also increasing along with the price decline. This could be a sign that the market may become unstable.

Technically speaking, $1.35 is a clear resistance level. If it can’t regain this area, the next important support zone will be between $1.31 and $1.30. If that breaks, you may also need to consider the $1.28 area. Since liquidity is scarce, when either of these levels breaks, we could see moves that are sharper than expected. For now, I’m just watching and waiting, but in this Ripple news situation, you really can’t take your eyes off it.