2026-01-16 04:28:04

XRP caught in a tough spot as Bitcoin's rally steals the show. The altcoin dipped to $2.11 (-0.56%), struggling to keep pace while BTC dominance climbs.

Here's what went down: $5.5M worth of long positions got liquidated, triggering forced selling pressure. More importantly, XRP got rejected hard at the $2.30-$2.40 resistance zone. Classic rejection setup. Meanwhile, smart money's rotating out of alts and piling into Bitcoin—that's what rising dominance tells us.

So is this a fakeout or a warning sign? Markets often shake out weak hands before the next move. Worth watching how XRP holds up if Bitcoin cools off.

XRP-1%

BTC-0,83%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
4
Repost
Share

Comment

0/400

GasGrillMaster

· 3h ago

XRP has been suppressed again by BTC. It’s probably going to stay down for a while longer, and the smart money has already moved out.

View OriginalReply0

RugDocDetective

· 3h ago

XRP has been hammered down again. Can it really hold above 2.1 this time? It's really uncertain... The BTC vampiric mechanism has started again. It’s always like this; only when Bitcoin takes a break does XRP have a chance.

View OriginalReply0

TokenTherapist

· 3h ago

It's the same old trick again, BTC sucks blood while XRP pays tuition.

View OriginalReply0

alpha_leaker