XRP’s liquidity is surging near $3.6, a bullish signal suggesting increased market interest and potential price movement. Analysis indicates that the token is currently trading at $2.50, with support at $2.39 and resistance around $2.55 defining the short-term outlook. 📈
Rising liquidity clusters near this key zone could drive volatility in the coming days. Traders are actively accumulating near these price levels, preparing for a potential breakout. Support remains strong at $2.39, providing stability to the token while resistance is around the $2.55 mark. This tight trading range suggests that XRP is poised for significant activity if market sentiment shifts towards an upward trend.
The chart highlights increased accumulation in the $2.39 – $2.55 range, traditionally presenting strong price rebounds. Analysts expect this pattern to drive further volatility and movement in the short term.
XRP has experienced a surge in trading activity recently, with liquidity building near the $3.6 mark. The latest figures show that the token is currently trading at a price of $2.50, which represents a 1.9% increase over the last seven days, and has grown even further compared to Bitcoin.
The recent heatmap readings show increased concentration of liquidity above $3.6, signifying growing interest at higher price levels. This development often signals intensified buying pressure that could translate into upward movement if momentum continues. 📈