XRP Liquidity Walls Have Been Completely Wiped Out. Here’s What It Means
2025-07-12 15:02:35
Main Idea
XRP's liquidity walls have been wiped out, removing major resistance and potentially paving the way for rapid price acceleration, supported by institutional interest and upcoming catalysts like the ProShares XRP ETF.
Key Points
1. All major liquidity walls on the XRP chart have been completely wiped out, reducing resistance and potentially accelerating price movement.
2. XRP is currently trading around $2.73, having broken above the $2.60 resistance level, with analysts eyeing $3.40 as the next short-term target.
3. The ProShares XRP ETF, set to launch on July 18, is generating institutional interest and tightening supply, supporting recent price gains.
4. Ripple’s growing presence in stablecoins and CBDCs, including the launch of RLUSD, is enhancing XRP’s utility in cross-border settlements.
5. With no significant resistance left, XRP could attract new investor interest if it sustains upward momentum beyond the $3.00 mark.
Description
In a major development that could signal a turning point for XRP, market analyst STEPH IS CRYPTO reports that all major liquidity walls on the XRP chart have been completely wiped out . This dramatic shift in market structure is fueling speculation that the digital asset may be gearing up for a powerful move upward, with minimal resistance left to slow its momentum. Understanding Liquidity Walls and Why This Matters Liquidity walls are areas on a trading chart where large buy or sell orders are ...
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