Why XRP's Flat Price May Be Hiding a Surge in Buying Pressure!

After rebounding from an 11-month low, XRP has been trading sideways, leading many to view its recovery as stalled. However, a deeper look at on-chain metrics reveals that this flat price action is masking intense, quiet accumulation by traders, suggesting a significant bullish breakout may be on the immediate horizon.

1. Key Factors: Hidden Accumulation and Liquidity Targets

Two critical indicators show that buyers are positioning themselves for a rally while the price remains stagnant: Quiet Accumulation (CMF): The Chaikin Money Flow (CMF) indicator is trending upward and currently rests above the zero line at 0.10. The CMF measures money flow, and its rise above zero signals that buying pressure outweighs selling pressure. The divergence—CMF rising while price remains flat—is a classic sign of quiet accumulation among market participants.Liquidity Magnet: The XRP liquidation heatmap shows a heavy concentration of liquidity clustered around $2.9196. These clusters typically act as “magnets” for price movement, as traders look to trigger stop-losses or liquidate leveraged short positions. This strong concentration suggests that a major upward move could be triggered soon, drawing the price toward this high-liquidity zone.

2. Technical and Critical Levels

XRP is currently locked in a narrow range, making a breakout of either its support or resistance level a critical event: Current Range: Since October 11, XRP has traded between support at $2.3820 and resistance at $2.6208.Critical Resistance: The price must decisively push above the $2.6208 resistance level to confirm the start of a bullish uptrend.Critical Support: The current support is at $2.3820.

3. Price Targets and Bullish Outlook

If the confirmed accumulation translates into price action, the path of least resistance will be upward, targeting key resistance levels: First Bullish Target: If demand strengthens and XRP breaks above $2.6208, the price is expected to drive toward the first major target at $2.7415.Bearish Invalidation: An uptick in bearish sentiment that breaks the $2.3820 support would invalidate the bullish setup and could extend the decline to $2.1735.

Conclusion

XRP’s flat price action is fundamentally misleading. On-chain data confirms active accumulation, particularly the rising CMF. Furthermore, the massive liquidity cluster at $2.9196 suggests a powerful, near-term price spike is possible as the market targets those liquidation zones. For the bullish breakout to be confirmed, the price must clear the $2.6208 resistance. If that level is breached, the hidden buying pressure is likely to be unleashed.

Disclaimer

This content is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency trading involves high risks, and you should always conduct your own research (DYOR) and consult with a professional financial advisor before making any investment decisions.