The XRP price is currently dipping to a decisive $ 2 -like -like zone in the midst of increasing card printing. When long positions become liquidated and shorts are stacked in, suggests a subsequent increase in open interest on a threatening Short press. A clean $ 2 swipe has analysts who think it may be the trigger that XRP needs to light a new price.
XRP price eyes $ 2 sweep to fuel next rally
A new technical analysis of Cryptoinsightuk on X (formerly Twitter) reveal The recent XRP has recently been recalled to an important liquidity zone close to $ 2 mark. This trait has taken up speculation about a Possibly Haussey reversal It can set the stage for a large price collection.
According to the analyst’s 1-hour XRP diagram, Altcoin’s drop in this liquidity zone was not random — it was perfectly adapted to a Dense liquidity clusters Nearly $ 2 level, as shown on the heat map data. This zone served as a magnet for price measures, where a significant number of purchasing and sales orders were concentrated, which indicates that the market participants have been aimed at this area for some time.
As XRP entered this important liquidity zoneCryptoinsightuk revealed that a large number of long positions were liquidated. This nail, mainly shown on the liquidation indicator at the bottom of the diagram, confirms that many traders were captured in too aggressive long positions and were forced out of the market as prices dropped. This led to serious harness presswhich allows XRP to reach the targeted liquidity area faster.
At the same time, XRP’s Open Interest (OI) Metric began to rise. Instead of showing a decline, which would indicate that traders left the market, open interest upwards, indicating that new positions were opened despite the decline.
Usually one Increase in oi During a dip in a high-life zone, a warning sign for short sellers is seen. If the price turns from here, these short positions can be forced to close quickly and trigger a brief pressure. Such a movement can lead to a quick and aggressive pricing When shorts is liquidated and purchased pressure intensifies.
Overall, the price point of $ 2 has become more than just a psychological barrier, but a convergence of liquidation events, rising open interest and concentrated liquidity. A pure sweep below this level can complete the liquidity hunt, shake out remaining weak hands and possibly set the stage for a hooked reversal in the XRP price.
Next stop for XRP: Explosive climb to $ 46?
While some analysts take a Conservative posture At XRP’s price in the short term, market experts like EGRAG CRYPTO with a bold forecast of a $ 46 all the time on September 29, 2025. Analysts predict that XRP’s Hausse can begin in July and project three ambitious price target in the short term before the end of the year.
When it breaks Baissearted barriers, XRP Rally is expected to a first target of $ 12, which marks an increase of 500% from its $ 2.18 price at the analysis. After that, EGRAG Crypto predicts an average $ 24 target for XRP before a potentially explosive increase to the $ 46 top, which represents a huge 2500% increase from current levels.
Image from Unsplash, charts from TradingView
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