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XRP Price Stabilizes Near $1.30 Amid Reduced Leverage

Guavy AI Editorial Team Published September 17, 2026

Instruments

BNB XRP

XRP price has been trading near $1.30 following a volatile week in the market, marked by the Fed's rate hike and the CLARITY Act setback.

About $26.9 million in XRP long positions were liquidated, significantly reducing leveraged bullish positioning.

The Binance XRP funding turned negative, indicating that traders are less crowded on the long side and leverage is cooling.

This reduced-leverage environment may mitigate forced selling on further declines and provide a shock absorber for XRP price.

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