- XRP trades at $2.29, down 1.5% in 24 hours, within a narrow range of $2.25–$2.32.
- It has heavy liquidity of 46.01B with the level of $2.1513, which implies that leverage has been concentrated to the bottom of the support.
- XRP/BTC increased by 1.0 percent to 0.00002241 BTC with traders adjusting positions with decreased volatility.
XRP’s recent market activity shows a developing liquidity pocket forming just below the current trading range. According to the latest CoinGlass liquidation heatmap, significant liquidity clusters have emerged near the $2.15 zone. This level may attract short-term market attention as price movements continue to compress between nearby technical boundaries.
At the time of press, XRP was trading at around $2.29 following a 1.5% drop per day. Nevertheless, there is solid positioning by levered market participants indicated by volume data in the few ranges around the lower one despite this slight pull back.
The observed heatmap highlights increasing liquidation leverage in the $2.10–$2.20 corridor. Notably, the highest concentration sits at $2.1513, where over 46.01 billion in liquidation leverage was recorded. This concentration suggests that many positions remain open near this level, creating a potential magnet for short-term volatility.
Price Holds Between Narrow Boundaries
XRP’s intraday structure remains stable within a defined range between $2.25 and $2.32. Price reactions around these boundaries have stayed consistent over the past sessions. The 2.25 level remains a strong support floor and at the same time resistance at around $2.32 is restricting upward movement at the moment.
The tight range reflects equilibrium between buyers and sellers, which often precedes stronger price movement. Each rebound from the lower boundary has been met with equal selling pressure at the upper zone. This pattern has maintained balance in the short term while liquidity continues to accumulate at lower levels.
Market Data Highlights Leverage Build-Up
CoinGlass data shows liquidation leverage peaking at 46.01 billion during the early trading hours of November 9. This spike aligns with a period of reduced volatility following earlier fluctuations around $2.30. The current positioning suggests traders are adjusting exposure as price moves closer to areas of heavy liquidity.
Meanwhile, XRP’s BTC pair trades at 0.00002241 BTC, reflecting a 1.0% daily increase despite dollar-based weakness. These figures point to an active derivatives market reacting to short-term liquidity imbalances. With dense liquidity centered at $2.15, upcoming sessions may focus on whether that zone attracts renewed trading activity.
