XRP recently fell to $1.32. This decline swept through sell-side liquidity. Then it reversed sharply. The asset recovered to $1.40, and now traders are watching to see if bulls can hold the momentum. Crypto analyst Xaif (@Xaif_Crypto) broke down the price action and outlined what a continuation could look like.
The chart runs on the 1-hour timeframe and uses two indicators. The first is the BigBeluga Smart Money Concepts tool. The second is the LuxAlgo Buyside and Sellside Liquidity. Both indicators help visualize where liquidity currently sits in relation to the price.
What the Chart Shows
The key event is the sweep of sell-side liquidity near $1.32. XRP broke down hard after the recent surge that took it above $1.50. It fell through several support zones before reaching $1.32. A Break of Structure signal appeared at that low, confirming the sweep. Price then bounced strongly and recovered to around $1.40, where it currently sits.
Multiple resistance zones remain above the current price. The chart marks supply areas near $1.42, $1.47, $1.52, and $1.55. Each has a red zone, showing where sellers have been active before.
$XRP swept sell-side liquidity near $1.32 before reversing sharply and recovering to $1.40.
A reclaim of $1.42 could open the path toward the $1.47 buy-side liquidity zone.
The next move depends on whether bulls can reclaim $1.42 and turn resistance into support. https://t.co/ZWWpliLuFp pic.twitter.com/1hrQYBdFGb
— Xaif Crypto (@Xaif_Crypto) October 9, 2026
The $1.42 Level Is the First Test
Xaif identified $1.42 as the most important level to watch right now. He said, “A reclaim of $1.42 could open the path toward the $1.47 buy-side liquidity zone.” That $1.47 area has buy orders and sits above a prior resistance level. Breaking through it would shift short-term momentum toward buyers.
He also said, “The next move depends on whether bulls can reclaim $1.42 and turn resistance into support.” XRP is still below that level. Bulls need a clean move above it, followed by holding any pullback, before the setup confirms.
Institutional Demand Adds Context
The technical setup is not the only thing worth noting. Institutional activity around XRP has been growing. Xaif revealed that XRP spot ETFs recorded $8.17 million in net inflows on October 8. Cumulative net inflows have reached $1.80 billion. Total net assets sit at $1.56 billion, with $65.44 million in trading volume. That level of high institutional interest adds weight to the technical picture Xaif outlined.
What Comes Next?
The drop to $1.32 cleared a key downside target. The recovery since then gives bulls a defined path forward. Reclaim $1.42, hold it, and $1.47 becomes the next level in play. The setup is straightforward. Now it comes down to execution.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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