XRP has successfully moved past the $2.00 support, confirming strong buyer presence around that level.
Liquidation heatmap indicates significant liquidity buildup near $2.30, marking it as the next key resistance.
Recent data shows a spike in long position liquidations near $2.10, indicating aggressive selling pressure.
XRP has officially breached the $2.00 threshold, a move accompanied by rising liquidation levels and increased trader positioning. As the price advances, new liquidity pockets around $2.30 are coming into focus, highlighting a critical level in the current structure.
XRP Shows Buyer Strength Near $2.00 Amid Short Liquidations
The Binance XRP/USDT liquidation heatmap reveals a significant liquidity absorption around the $2.00–$2.05 range. This green zone suggests that leveraged short positions were liquidated, reinforcing the presence of buyers in that price area. Additionally, thinner bands above the $2.10 mark point to diminishing resistance until the $2.30 zone, where concentrated liquidity awaits.
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The visual data confirms a gradual unwinding of sell-side pressure, with price levels below $2.00 now acting as demand territory. The price is currently hovering near $2.02, supported by renewed interest from long participants in the derivatives market.
Long Liquidations Spike as Price Tests Higher Range
According to data from Coinglass, the total liquidation chart reveals increased liquidation activity in long positions over the past 48 hours. Notably, spikes occurred around the $2.07 and $2.10 levels. This direction is in line with the recent rejection of XRP by the minor resistance level, where traders using leverage were forced out of position.
Source: Coinglass
Nonetheless, the long-short ratio is holding steady implying that traders are merely liquidating positions but not leaving the market completely. Market volume displays can tell you that the market reacts more volatility around these levels, further stressing the importance of each rejection or penetration that a price experiences.
$2.30 Emerges as the Next Major Liquidity Target
According to historical price behavior and current liquidation clusters, the $2.30 level remains the next significant hurdle. Heatmap visuals display a dense band of liquidations above this mark, indicating potential price interaction. Support remains at $1.92, while resistance is active at $2.07. A clean move through $2.10 would bring the $2.30 liquidity zone into direct view for traders.
