After a rebound from lower levels in the earlier period, XRP returned to above the range of $1.30 to $1.35. As the price stabilized, Sharpe Ratio on the Binance platform also rose to around 0.207, reaching its highest level since August 2025, indicating that the performance of this rebound has improved after risk adjustment.
$1.40 level becomes a short-term focus
Currently, the market is primarily focusing on the $1.40 level. The article mentions that XRP has previously broken through the daily downward trend line and has regained the key moving average area around $1.30 to $1.35 during a period of increased trading volume, which has improved the short-term structure compared to before.
However, around $1.40 remains the most immediate pressure level at present. If the price can be maintained above this level, a rebound is expected to continue upward; if it encounters resistance again, short-term volatility may increase once more.
The clearing area of Binance is concentrated between $1.38 and $1.40.
From the heat map of liquidations on Binance XRP / USDT, there are clear areas of concentrated liquidity around the current price and in the range of $1.38 to $1.40. This means that if the price continues to rise and crosses this area, the passive liquidation of leveraged positions could amplify short-term fluctuations.
Such areas with high clearing activity often become battlegrounds for bulls and bears. If more short positions are closed during an upward trend, the price momentum could be further boosted; conversely, if there is insufficient buying support, prices could quickly fall back.
- Current price reference: approximately $1.36
- Near-term liquidity range: $1.38 to $1.40
- The next significant resistance level: $1.55 to $1.60
Sharpe Ratio rises to a level not seen in nearly a year
On-chain data also shows that the Sharpe Ratio of XRP on Binance has risen to approximately 0.207, the highest level since August 2025. Sharpe Ratio mainly measures the relative volatility of returns; therefore, an increase in this indicator usually indicates that the asset has performed more steadily recently.
The article argues that this change alone is not sufficient to confirm a reversal of trend, but when a price rebound and the restoration of momentum occur simultaneously, it indeed provides additional evidence for an improvement in the current market structure.
The range of $1.55 to $1.60 remains the more crucial resistance zone.
At a higher level, the range of $1.55 to $1.60 is still considered a more significant resistance zone. Only if XRP can effectively hold this range in the future will the market be more likely to test the $2 area further.
On the contrary, if the price falls back below $1.30, the current rebound structure will be weakened; if the support around $1.20 is lost, the foundation for this bullish recovery will also significantly weaken.
