XRP (Ripple) traders are monitoring an interesting market formation as heatmap data shows a major liquidity cluster developing below current prices. The chart reveals heavy order concentrations near $2.25, sparking debate about whether the market might dip lower first before continuing its upward trajectory.
Heatmap Reveals Liquidity Magnet
The chart shows XRP has been stuck around the $3.00 mark for a while, with order book depth indicating downward pressure. These liquidity sweeps aren't uncommon - bigger market players often use them to knock out stop-losses and build momentum before reversing direction.
Key Levels to Watch
Resistance: $3.00 is the ceiling XRP needs to break through
Liquidity Pool Support: $2.25 is where the action could happen
Deeper Support: The $2.00–$2.25 range might catch any further drop and set up accumulation before a bounce
What It Means for XRP
Just because there's liquidity at $2.25 doesn't mean XRP will definitely head there, but it does raise the chance of a short-term dip. Looking at the bigger picture, sentiment around XRP stays cautiously optimistic. The asset's been holding above important historical zones and maintaining a structure that could fuel another rally once this liquidity gets flushed out.
XRP Liquidity Pool Near $2.25 Sparks Market Debate
XRP (Ripple) traders are monitoring an interesting market formation as heatmap data shows a major liquidity cluster developing below current prices. The chart reveals heavy order concentrations near $2.25, sparking debate about whether the market might dip lower first before continuing its upward trajectory.
Heatmap Reveals Liquidity Magnet
The chart shows XRP has been stuck around the $3.00 mark for a while, with order book depth indicating downward pressure. These liquidity sweeps aren't uncommon - bigger market players often use them to knock out stop-losses and build momentum before reversing direction.
Key Levels to Watch
What It Means for XRP
Just because there's liquidity at $2.25 doesn't mean XRP will definitely head there, but it does raise the chance of a short-term dip. Looking at the bigger picture, sentiment around XRP stays cautiously optimistic. The asset's been holding above important historical zones and maintaining a structure that could fuel another rally once this liquidity gets flushed out.