Analyst: This Heat Map Indicates XRP's Desired Direction

XRP Liquidation Heatmap Analysis: Crypto analyst Steph Is Crypto shared an XRP liquidation heatmap indicating market pressure points, revealing an imbalance in the current market structure with potential upward movement despite subdued prices.

Liquidity Concentration and Price Movement: The heatmap shows thin liquidity below current prices and dense liquidity bands between $2.7 and $3.3, suggesting that a price rise could trigger forced liquidations, adding volume and accelerating upward momentum.

Psychological Price Levels: The $2.7 to $3.3 range is significant as it aligns with a psychological price level, where traders may react strongly, leading to increased buying pressure as short sellers close positions.

Future Price Predictions: While some market participants doubt XRP can exceed $3 in 2025, the current liquidity dynamics indicate that as long as leverage remains concentrated above current levels, XRP could maintain upward pressure.