$1.80 Support Holds As Volume Explodes 184% On Bounce Attempt
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XRP bounces 2.29% to $1.8755 after defending the $1.80 horizontal support that has held through five separate tests since October. Trading volume explodes 184% to $5.74 billion as the support test triggers aggressive positioning from both bulls and bears. Options volume surges 266% as traders pay for volatility protection, signaling expectations of a decisive move from current levels. XRP price today trades near $1.8755 after bouncing from the $1.80 demand zone that has anchored corrections since October. The recovery comes with explosive volume growth, suggesting that traders view this level as a decisive battleground for the next directional move. Volume Explodes At Critical Support XRP Derivative Analysis (Source: Coinglass) Trading activity surged as price tested the $1.80 floor. Futures volume jumped 184.16% to $5.74 billion, one of the largest single-day increases in recent weeks. Options volume climbed even more dramatically at 266.32% to $5.58 million. The volume spike at established support indicates that both buyers and sellers are engaged. Bulls defend the level while bears attempt to force a breakdown. Such contested zones typically resolve with forceful moves once one side exhausts. Spot Flows Turn Negative Despite Bounce XRP Netflows (Source: Coinglass) Exchange flow data shows selling pressure beneath the surface. Coinglass recorded $4.95 million in net outflows on January 26, meaning coins are moving onto exchanges rather than into private wallets. The flow direction contradicts the price bounce, suggesting that some holders used the rally to reduce exposure. When spot flows diverge from price action, it often creates conditions for retest of the contested level. The outflow follows several days of positive flows earlier this week. The reversal may indicate that confidence in the $1.80 support is weakening among larger holders even as price defends the level. Derivatives Show Aggressive Positioning Open interest declined 2.28% to $3.28 billion as…
Filed under: News - @ January 26, 2026 11:31 am