XRP broke high liquidity at the amount of 2, flushing leveraged positions and reorganizing structure around 2.03-2.14.
Strong trader activity below $2.10 is seen in liquidation heatmaps and might lead to short term price turbulence.
XRP is stuck in a wide trading formation ($1.90Low to $2.70High), and the price is attempting to overcome Momentum in favor of the lower side around the $2.03 support.
XRP has officially pushed through the significant $2 liquidity zone, a key area flagged in recent liquidation heatmaps. After weeks of mounting pressure, the digital asset breached this major level, marking a substantial shift in positioning on Binance's XRP/USDT perpetual markets.
https://twitter.com/Steph_iscrypto/status/1936690619591856545
The move came as price action dipped 3.2% over the past 24 hours, currently holding around $2.07. With liquidation data now confirming a full sweep of this high-volume zone, attention shifts to how the market responds near the $2.03 support level. Volume distribution indicates substantial trader exposure in this range, suggesting increased market sensitivity to fluctuations around this price point.
Price Structure and Volatility Patterns
Over the last three months, XRP’s price activity displayed sharp fluctuations between $1.9 and $2.7, forming a broad compression range. Notably, the recent rejection from the $2.14 resistance capped an attempted recovery. This followed a progressive decline from mid-May highs around $2.7, where previous leverage clusters were liquidated.
Momentum remains tilted toward the lower band of the price channel, especially as the asset continues testing the support base near $2.03. Additionally, sharp liquidation bands below the $2.1 level further reveal dense trading zones, reinforcing price instability in the short term.
The heatmap data confirms heightened liquidation activity near the $2 mark, with dense liquidity lines now mostly cleared. These zones historically attract heavy trading, often leading to volatile price reactions.
XRP Liquidations Mirror Volatility and Key Price Swings
According to data from Coinglas, the XRP Total Liquidations Chart shows how XRP price swings trigger liquidations in long (green bars) and short (red bars) positions. The price peaked above $3.00 before dropping and stabilizing between $1.75 and $2.25.
Source:(X)
A major long liquidation spike of over $74 million occurred during a sharp price drop, while a short liquidation near $37 million followed a rally above $2.50. High liquidation volumes align with volatility, while quieter periods show price consolidation. This highlights how traders are caught offside during sharp moves, and how liquidation spikes often signal key support or resistance zones.
Resistance and Intraday Range
XRP’s intraday range currently fluctuates between $2.03 and $2.14, with resistance holding firm at the upper boundary. The $2.14 level rejected recent upward movement, halting any sustained rally. Meanwhile, short-term support remains active at $2.03, where multiple rejections have helped stabilize price temporarily. Liquidity beneath $2 continues to show thinning participation, hinting at a cleaner slate below if current levels break.
The post Volatility Returns: XRP Tests Key Support After Clearing $2 Zone appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
