Analyst: XRP On Track to Hunt Every Stop Up to $4.50 Based On This Liquidity Trend

Key Points

1. A Coinglass liquidity heatmap indicates a build-up of short-side liquidity above current XRP prices, with concentrated order zones between $3 and $4.50.

2. XRP previously surged to an all-time high of $3.65 in mid-July before correcting to $2.99, leaving a liquidity footprint that could influence future price movements.

3. The absence of significant liquidity above $4.50 suggests potential for a cleaner upward move if prices reach that level.

4. Liquidity heatmaps highlight areas where strong upward price extensions or stop-loss triggers may occur.