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


Coin Edition
для 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.

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“The XRP Army proved me wrong,” Galaxy Digital CEO Mike Novogratz Concedes

“The XRP Army proved me wrong,” Galaxy Digital CEO Mike Novogratz Concedes

Billionaire investor Mike Novogratz, founder of Galaxy Digital, admitted he was wrong...
XRP Price Levels to Watch Today: $2.70 Support, $3 Resistance, Momentum Next

XRP Price Levels to Watch Today: $2.70 Support, $3 Resistance, Momentum Next

The XRP chart has settled into a consolidation range, with price holding around $2.86...

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


Coin Edition
для 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.

Читать материал на CoinEdition

Читать больше

“The XRP Army proved me wrong,” Galaxy Digital CEO Mike Novogratz Concedes

“The XRP Army proved me wrong,” Galaxy Digital CEO Mike Novogratz Concedes

Billionaire investor Mike Novogratz, founder of Galaxy Digital, admitted he was wrong...
XRP Price Levels to Watch Today: $2.70 Support, $3 Resistance, Momentum Next

XRP Price Levels to Watch Today: $2.70 Support, $3 Resistance, Momentum Next

The XRP chart has settled into a consolidation range, with price holding around $2.86...