XRP Clears All Liquidity Clusters, Analyst Explains the Meaning for Price Rally
2025-07-11 13:05:43
Main Idea
XRP has cleared all major liquidity clusters up to $2.59, signaling a key technical shift and potential for a price rally, with strong bullish sentiment supported by derivatives market data and on-chain activity.
Key Points
1. XRP has officially cleared all major liquidity clusters up to $2.59, leaving no heavy resistance, marking a key technical shift.
2. XRP is trading at $2.58, having broken out from a multi-week consolidation zone between $2.30 and $2.57, setting a new yearly high.
3. Derivatives market data shows strong bullish sentiment, with open interest in XRP perpetual futures surging past $5 billion.
4. Whale wallets have been steadily increasing transaction volume, reinforcing the bullish outlook.
5. The next critical test for XRP is a clean break and hold above $2.59, which could lead to a move toward the $2.70–$3.00 range, with longer-term projections pointing to $5.89 and $10.
Description
Crypto analyst STEPH IS CRYPTO has sparked fresh excitement in the XRP community with a bold update on X: XRP has officially cleared all major liquidity clusters up to $2.59, leaving “no heavy resistance left on the map.” This development marks a key technical shift, suggesting XRP could be poised for a powerful rally as price discovery enters a new phase. As of report time, XRP is trading at $2.58, just a fraction below the level identified by STEPH IS CRYPTO. The token has broken out from a mu...
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