XRP 1-Hour and 4-hour Liquidity Heatmaps. Here’s What They Say about Bull Run
Main Idea
XRP's 1-hour and 4-hour liquidity heatmaps indicate potential bullish continuation if buyer pressure persists, with key support and resistance levels identified.
Key Points
1. XRP is consolidating above a liquidity support zone between $2.75 and $2.9 on the 1-hour chart, indicating price stability.
2. The 4-hour heatmap shows liquidity clusters from $2.5 to $3.6, with thinning liquidity above $3, suggesting potential resistance at higher levels.
3. A break above $3 could open the path for higher price targets, while gaps in liquidity below $2.8 may lead to rapid price movements.
4. The analyst suggests that current liquidity levels incentivize price growth as XRP begins to recover from recent retracements.
Description
XRP has spent the past several sessions retracing from July highs, but new data from liquidity heatmaps suggests the digital asset could be setting the stage for its next decisive move. Analyst Cryptoinsightuk (@Cryptoinsightuk) shared updated 1-hour and 4-hour Binance XRP/USDT perpetual contract charts, each overlaid with liquidity heatmaps. The charts reveal areas of strong market interest and potential directional cues that favor bullish continuation, assuming buyer pressure persists. $XRP 1 ...
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