Key Insights:
- XRP short liquidations reach $24M, suggesting bears are under pressure near the $2.00 zone.
- Coinglass heatmap shows strong liquidity buildup at $2.15, often acting as a price magnet.
- Long-term ascending triangle remains intact, supporting the case for a macro breakout over time.
XRP was trading at $1.92, with 24-hour volume near $9.44 billion. The asset is down 9.2% on the day and nearly 16% over the past week. Despite this pressure, recent market data signals a possible short-term move toward the $2.15 level.
Liquidity Cluster Appears Near $2.15
A short-term liquidation heatmap from Coinglass shows a dense band of liquidity at $2.15. This zone is marked in bright yellow, signaling concentrated leveraged positions. On 21 November 2025 at 08:00 UTC, XRP briefly touched $2.1531, with total liquidation leverage reaching $104.65 billion.
Source: CoinglassMarket participants often watch these zones as price tends to move toward high-liquidity areas.
analyst Steph Is Crypto posted,
These zones can become key levels for price interaction before direction is confirmed.
Shorts Lead Liquidation Volume
Liquidation data reflects a clear imbalance. Recent figures show $24.44 million in short liquidations compared to $3.81 million in long positions. This suggests more bearish traders were caught off guard during recent volatility.
The yellow line on the chart shows XRP falling steadily since mid-September. Red bars marking short liquidations appeared during price spikes, showing that downside moves are facing occasional squeezes. Long-side liquidations have stayed limited, implying more caution among bulls.
The liquidation pattern could reflect a market shift, especially if the price tests resistance near $2.00–$2.15 in the near term.
Long-Term Structure Remains in Place
Chart data from ChartNerdTA shows XRP holding above long-term ascending support, forming a structure similar to the 2013–2017 cycle. The current setup spans several years and builds inside an ascending triangle, with the same flat resistance capping each attempt higher.
“Same structure, different cycle,” the analyst wrote. The chart suggests XRP is following a similar macro setup as before. As long as price holds above support, this structure remains in play.
Source: ChartNerdTA/XThe asset is now near a point where both short-term liquidity and long-term structure may intersect. Whether price can reclaim higher levels above $2.15 will depend on broader market flows and demand around key levels.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/xrp-eyes-2-15-as-liquidity-zone-attracts/
