- XRP remains confined between $2.36 support and $2.48 resistance, reflecting short-term market equilibrium and lower volatility.
- Liquidity heatmaps show concentrated activity near $2.40–$2.48, where leveraged positions and liquidations are most active.
- The XRP/BTC pair gained 0.8%, showing relative stability across markets despite declining weekly performance.
XRP(XRP) has traded in a stable framework during the last 24 hours, oscillating between $2.47 after shedding 5.2% of its value over the last week. The token’s price activity has traded in a tight band for support at $2.36 and resistance at $2.48. Both the daily and hourly liquidity metrics show clusters of concentrated trade near these major levels, suggesting the asset was going through a period of low volatility and short-term equilibrium. The current configuration reflects a period of balancing in the market following weeks of overall volatility.
Volume Heatmaps Show Concentrated Activity Zones
Recent liquidity heatmaps reveal intensified order clustering around the $2.40–$2.48 range, where most high-volume liquidations have previously occurred. The dense concentration of yellow and red zones in these areas indicates increased trading engagement, particularly from short-term participants managing leveraged positions. However, below the $2.36 level, liquidity density thins considerably, showing limited buyer presence at deeper levels.
This structure often marks regions where intraday support is most actively defended. The hourly chart reinforces this observation, as upward reactions from lower bands have repeatedly occurred within short intervals.
In addition, trading volume reached 172.91 million, maintaining a moderate level compared with prior sessions. This consistency points to sustained market participation despite declining weekly prices.
Short-Term Market Compression Persists
While broader volatility remains stuck, the constricting range between support and resistance shows unremitting compression. Price action in recent days shows limited but regular bounces from the $2.36 base, emphasizing its position as a recurring reaction point. In turn, each move higher toward the $2.48 ceiling has faced medium-grade resistance, capping higher extensions.
This suggests a short-term indecisive structure, where market participants continue to test both sides with no clear directional breakout. Over several horizons, XRP’s liquidation leverage ratio demonstrates slight changes, reflecting that the majority of traders have fairly balanced exposure instead of aggressive bets. More importantly, this is indicative of a prudent sentiment as the market readjusts to prevailing liquidity levels.
Cross-Market Stability and Volume Outlook
Across the broader market landscape, the XRP/BTC pair is 0.00002226 BTC, up 0.8%. This relative strength reflects solid cross-asset performance despite dollar-based price consolidation. Convergence of nodes in volume and price action suggests ongoing attentiveness on current support and resistance lines.
Since order flow is concentrated in mid-range zones, near-term attention remains set on how liquidity is formed in the $2.40–$2.48 range. With trading volume continuing to maintain steady ground, the market continues to test if compression is going to persist or move into broader directional movement.
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