XRP Surges Past $3.00 As Liquidity Wall Near $2.25 Draws Market Attention

XRP gained 9.4% in seven days, reaching a high of $3.07 amid strong market momentum.

A major liquidity wall has developed near $2.25, signaling heavy order accumulation.

Support remains firm at $2.94 as XRP consolidates below resistance around $3.07.

The momentum of XRP picked up significantly, as it has shown a significant rise and its price has risen to approximately $3.05. Within the past seven days, the cryptocurrency improved by 9.4%, showing that it has become more active and that more people are interested in trading. On the smaller time scales, the price movement of XRP was characterized by a sharp bullish candle that rose swiftly in the area between $2.90 and a recent high of $3.07.

The market’s reaction indicates growing liquidity and volume concentration near the current price range. XRP’s 24-hour range extends between $2.94 and $3.07, showing strong buying support as traders maintain focus on short-term continuation setups. At the time of reporting, XRP trades at $3.03, while its market participants closely monitor the resistance area near $3.07 for potential continuation.

Liquidity Wall Develops Near $2.25 Amid Rising Trading Volume

Market analysts observed the formation of a substantial liquidity wall near the $2.25 region. Such liquidity concentrations often attract price retests as markets tend to revisit areas with large pending orders. Notably, liquidity walls serve as high-interest zones where significant market orders accumulate, creating potential short-term volatility once approached.

This liquidity buildup may act as a magnet for price movement if market conditions weaken, drawing short-term attention from active traders. However, the current market behavior remains oriented toward maintaining support above $2.94, suggesting a controlled consolidation phase above the critical zone.

The existence of a liquidity wall also underscores greater involvement among institutional and retail traders. As this wall progressively grows, the price of XRP might undergo a tightening turnover inside this little range in the short term until it gets a clear directional momentum.

Market Structure Highlights Strong Support and Controlled Volatility

XRP’s recent upward trajectory has strengthened its support base around $2.94, creating a firm foundation beneath the current price range. The ongoing 30-minute chart activity shows buyers defending this support while volume metrics continue to reflect rising engagement. The 24-hour volume has grown and a 0.2% gain versus Bitcoin with a value of 0.00002447 BTC.

Regardless of the current steep upward move, XRP is still in a controlled volatility range, it can be assumed that the market is stabilizing following its most recent surge. The price is still trading a little bit below its daily resistance, which balances strong buyers and profit taking sellers.

The existing technical configuration puts short-term emphasis on the ability of XRP to remain above $3.00 without a retest of lower liquidity levels. The resistance at $3.07 remains a key zone that traders watch for possible breakout confirmation, especially as broader market volumes continue to expand.

XRP-1.38%
BTC-0.78%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)