- XRP remains stuck between $2.82 support and $2.88 resistance, with liquidity walls preventing breakout.
- Heavy sell-side liquidity above $2.88 continues to cap upside momentum despite repeated resistance tests.
- Traders eye volume strength as key to unlocking momentum toward the long-term $5.42 target.
XRP traded lower at $2.84 in the latest session, marking a slight 0.5% decline over the past 24 hours. The token currently faces a difficult range between support at $2.82 and resistance at $2.88. Notably, the broader structure reveals heavy liquidity overhead, which continues to prevent prices from breaking higher. Traders now observe whether a breakout can unlock momentum toward the $5.42 mark.
The resistance zone at $2.88 has acted as a firm barrier in recent trading. Every attempt to push higher has met increased liquidity, which absorbs buying pressure. However, the immediate support at $2.82 has helped limit downside risk for now . With this compressed trading range, volatility may build as market participants continue testing both ends. Importantly, the narrow gap highlights the ongoing battle between buyers and sellers.
Liquidity Heatmap Reveals Market Pressure
A closer look at liquidity data shows large clusters of resting orders sitting just above the $2.88 mark. These liquidity pockets create significant obstacles for bulls, forcing heavier volume to push through resistance.
Meanwhile, the downside reveals thinner liquidity until $2.82, emphasizing the importance of this level as a stabilizing point. Additionally, the heatmap reflects the broader consolidation phase XRP has remained in since early August, with price repeatedly contained under stacked liquidity walls.
XRP Holds $2.84 as Liquidity Barriers Limit Breakout Toward Target
Despite the immediate range, traders continue to focus on the long-term target of $5.42. The path to this level requires breaking through the concentrated liquidity above $2.88. However, repeated resistance tests suggest market attention is locked on these levels. For now, XRP trades at $2.84, down slightly on the day but firmly within its narrow zone.
Notably, the token maintains parity with Bitcoin at 0.00002567 BTC, while also trading flat against Ethereum. XRP remains tightly bound between $2.82 and $2.88, with liquidity walls capping upside momentum . Traders now watch volume strength and breakout potential, as sustained closes above resistance could unlock a push toward $5.42.
