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XRP’s $2.51–$2.73 ‘Gap’ Raises Stakes As Bulls Eye $3.20 Breakout


by Coin Edition
for CoinEdition
XRP price gap between $2.51 and $2.73 warns of low liquidity zone.
  • XRP price gap $2.51–$2.73 reveals little on-chain activity in that zone.
  • XRP price gap is important as the $2.7 line must hold to avoid sliding back.
  • The support level then aligns XRP’s path toward $3.20 breakout.

Crypto analyst Ali Martinez brought out an XRP chart showing a conspicuous UTXO Realized Price Distribution (URPD) gap between $2.51 and $2.73, based on Glassnode’s ATH-partitioned realized distribution. 

That means very little on-chain coin activity has occurred in that band with fewer prior transactions priced there. This setup can be described as a “crucial price gap” under XRP’s current trading levels.

Source: X

If XRP’s price is inside or just above this mismatch zone, then it becomes a resistance band as well as an area lacking strong buyer support beneath. Trader risk is that if momentum stalls, the gap may act like a vacuum.

Read The Full Article XRP’s $2.51–$2.73 ‘Gap’ Raises Stakes As Bulls Eye $3.20 Breakout On Coin Edition.

Read the article at CoinEdition

Read More

XRP Price Prediction: XRP Holds $2.78 Support As Futures Open Interest Climbs

XRP Price Prediction: XRP Holds $2.78 Support As Futures Open Interest Climbs

XRP price today is trading at $2.78, holding above a key support base after facing re...
XRP Price Holds $2.67 Support as Traders Track Fed Catalysts and ETF Drivers for October

XRP Price Holds $2.67 Support as Traders Track Fed Catalysts and ETF Drivers for October

XRP price today shows the token consolidating after weeks of market pullback. XRP pri...

XRP’s $2.51–$2.73 ‘Gap’ Raises Stakes As Bulls Eye $3.20 Breakout


by Coin Edition
for CoinEdition
XRP price gap between $2.51 and $2.73 warns of low liquidity zone.
  • XRP price gap $2.51–$2.73 reveals little on-chain activity in that zone.
  • XRP price gap is important as the $2.7 line must hold to avoid sliding back.
  • The support level then aligns XRP’s path toward $3.20 breakout.

Crypto analyst Ali Martinez brought out an XRP chart showing a conspicuous UTXO Realized Price Distribution (URPD) gap between $2.51 and $2.73, based on Glassnode’s ATH-partitioned realized distribution. 

That means very little on-chain coin activity has occurred in that band with fewer prior transactions priced there. This setup can be described as a “crucial price gap” under XRP’s current trading levels.

Source: X

If XRP’s price is inside or just above this mismatch zone, then it becomes a resistance band as well as an area lacking strong buyer support beneath. Trader risk is that if momentum stalls, the gap may act like a vacuum.

Read The Full Article XRP’s $2.51–$2.73 ‘Gap’ Raises Stakes As Bulls Eye $3.20 Breakout On Coin Edition.

Read the article at CoinEdition

Read More

XRP Price Prediction: XRP Holds $2.78 Support As Futures Open Interest Climbs

XRP Price Prediction: XRP Holds $2.78 Support As Futures Open Interest Climbs

XRP price today is trading at $2.78, holding above a key support base after facing re...
XRP Price Holds $2.67 Support as Traders Track Fed Catalysts and ETF Drivers for October

XRP Price Holds $2.67 Support as Traders Track Fed Catalysts and ETF Drivers for October

XRP price today shows the token consolidating after weeks of market pullback. XRP pri...