XRP price holds at $2.08 as Trump eyes Powell’s removal; traders brace for volatility while Bitcoin eyes $110K breakout. XRP Price Stagnates at $2.08 as
The political implications are profound. Firing the Fed chair would challenge the independence of the central bank, undermining global confidence in U.S. monetary policy and spurring volatility across risk assets.
Yet. this could ignite a bullish breakout for crypto. Bitcoins narrative as a non-sovereign hedge would gain momentum, propelling mega-cap altcoins like XRP into a breakout rally.
If Bitcoin does breach the $110,000 level in response to this political shock, XRP is likely to post a 30% to 40% rally, targeting:
A confirmed BTC breakout above $110K would likely catalyze a Ripple price rally toward $2.75, with a final upside projection at $3.10, assuming elevated risk appetite and sustained altcoin rotation.
Derivatives Markets Show Bearish Bias From Strategic Investors
Despite the potentially bullish setup, XRP derivatives data paints a more cautious picture. While retail sentiment appears optimistic, strategic players are hedging or even scaling back exposure amid rising macro uncertainty.
Over the last 24 hours:
The 24-hour long/short ratio stands at 0.9826, indicating a near-even split between bullish and bearish bets—an uncommon dynamic during genuine bull trends.
Ripple (XRP) Derivatives Trading Data | Source: Coinglass
A closer look at major exchanges reveals the divergence between retail and institutional sentiment:
On Binance, the XRP/USDT long/short ratio currently trends at 2.076, while on OKX, the ratio stands at 1.66—both indicating that retail traders remain decisively net-long on XRP.
However, when analyzing top trader behavior on Binance, a more cautious tone emerges. The long/short ratio by accounts is 1.9334, while the ratio by positions drops to 1.2435, suggesting that larger investors p are taking a more defensive stance, potentially cutting down on leverage exposure in anticipation of volatility.
Meanwhile, liquidation metrics further highlight the weakening of bullish momentum. In the past 24 hours, long positions absorbed $432.340 in liquidations, compared to just $312,330 on the short side—a sign that optimistic bets are being unwound more aggressively.
Across all major timeframes—1h, 4h, 12h, and 24h—shorts have consistently endured less liquidation pain than longs, further reinforcing the narrative that bearish positions are either better timed or quietly building strength for a major price downswing
Conclusion
While the political drama around Powells potential removal could supercharge the crypto narrative—sending Bitcoin toward $110K and XRP to $3.10—institutional traders are not buying in blindly.
Derivatives markets reflect anxiety, risk hedging, and early positioning for volatility. The bullish path for XRP remains viable if prices remain above $2—but macro instability could make traders hesitant to enter new positions.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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