XRP Price Positions for a Breakout as Q2 Nears End
The post XRP Price Positions for a Breakout as Q2 Nears End appeared on BitcoinEthereumNews.com.
As Q2 nears its end, the XRP price action might be setting up for a surprising breakout. The altcoin has been stuck below the $2.50 mark for over a month now, but new technical indicators show brewing optimism. While the broader crypto market drifts sideways, XRP quietly builds bullish momentum beneath the surface. This analysis has the details. Traders Eye XRP Rally XRP’s liquidation heatmap shows a notable concentration of liquidity around the $2.20 price zone. At press time, the token trades at $2.14, placing it just 2.8% below this liquidity cluster. XRP Liquidation Heatmap. Source: Coinglass Liquidation heatmaps are visual tools traders use to identify price levels where large clusters of leveraged positions are likely to be liquidated. These maps highlight areas of high liquidity, often color-coded to show intensity, with brighter zones representing larger liquidation potential. These liquidity zones act like magnets for price action, as markets naturally move toward them to trigger stop orders and open new positions. In XRP’s case, the liquidity cluster around the $2.20 level highlights strong trader interest in buying or closing short positions at that price. If bullish momentum builds, this setup increases the likelihood of a near-term rally. Further, the decline in XRP’s Network Realized Profit/Loss (NPL) supports this bullish outlook. On a 30-day moving average, it sits at 70.27 million, falling by 11% over the past week. XRP NPL. Source: Santiment The NPL measures the total profit or loss investors realize when they move their coins. When NPL dips into negative territory, it indicates that more holders are moving their tokens at a loss rather than a gain. Historically, this trend reduces selling pressure, as investors are generally reluctant to part with their assets while underwater. In XRP’s case, the recent NPL decline suggests that most holders are holding out for…
Filed under: News - @ June 21, 2025 3:28 pm