XRP Has Not Been This Illiquid Since 2021: The Setup Nobody Is Talking About
XRP is pushing against demand levels as the market finds some relief. The attempt is real. The market it is happening in has not been this thin since 2021 — and that changes what the push actually means. Despite the recent push, the broader trend remains bearish. XRP continues to trade below the 50-day (blue), 100-day (green), and 200-day (red) moving averages, all trending downward. The 50-day average is now acting as immediate resistance, capping short-term upside attempts and reinforcing the presence of overhead supply.Related Reading
Volume dynamics provide important context. The February capitulation event, marked by a sharp spike in volume, suggests forced liquidations that likely cleared weak hands. Since then, volume has declined steadily, indicating reduced participation rather than strong accumulation.
Structurally, XRP is showing signs of stabilization but not strength. The repeated inability to break above $1.45 highlights a lack of conviction from buyers. A confirmed shift in momentum would require a sustained move above $1.50, while a break below $1.25 would expose the market to another leg lower.
Featured image from ChatGPT, chart from TradingView.com
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