XRP Suddenly Printed A $100 Candle On This Top Exchange. Here’s What Happened

A chart shared by crypto analyst Steph Is Crypto has placed XRP at the center of renewed discussions after showing a monthly candle on the Upbit exchange briefly extending to the $100 level.

The XRP/USDT chart displays a sharp vertical movement that significantly exceeds XRP’s historical trading range, making the print immediately noticeable. The analyst focused attention on the candle itself, highlighting the scale of the move and questioning what conditions could have produced such an extreme reading.

The image shows XRP trading within familiar price ranges for most of its history before a sudden spike appears near the most recent data point. This single candle towers over all previous price action on the chart, creating uncertainty over whether the movement reflected genuine trading activity or a technical irregularity isolated to one exchange.

Community Pushback and Alternative Explanations

Shortly after the chart circulated, other market participants offered explanations that challenged the idea of a real price surge. One response suggested the $100 print was likely the result of a bad tick or a momentary liquidity issue rather than organic buying pressure.

According to this view, thin order books can occasionally allow a single trade to register at an extreme price, especially during periods of low activity or technical instability.

Such events are not uncommon in digital asset markets, where price feeds rely on exchange-level data that can sometimes capture anomalous trades. In these cases, charts may display exaggerated wicks that do not reflect prices accessible to most traders.

A Pattern Seen Before

Another reaction described the incident as a recurring occurrence rather than an isolated surprise. From this perspective, sudden and unrealistic price spikes on individual exchanges tend to appear periodically and often generate strong reactions online despite having little lasting impact.

The comment implied that similar situations have occurred multiple times in the past, typically resolving without any significant impact on market structure or valuation.

This interpretation aligns with XRP’s long trading history, which includes occasional discrepancies between exchanges. Regional liquidity differences, paired with technical limitations, can lead to short-lived distortions that appear dramatic when viewed on higher timeframes such as monthly charts.

What the $100 Print Likely Represents

While the chart accurately records what was logged on Upbit, there is no indication that XRP traded anywhere near $100 across the wider market. No parallel movement was observed on other major exchanges, and there was no sustained activity at elevated price levels.

This lack of confirmation supports the conclusion that the candle represents an anomaly rather than a shift in market pricing. This occurrence serves as a reminder that individual exchange data should be evaluated carefully, especially when extreme values appear without supporting evidence elsewhere.