Buy Side Explodes: XRP Liquidity 7x Heavier Than Sells On Coinbase
XLM’s 40% weekly surge has traders watching XRP for a similar breakout. XRP and XLM often move together, and some analysts think XRP could target $1.76–$2 in June if momentum improves. XRP is up 2.5% in 24 hours but still down over the past week and month, trading near the $1.23–$1.30 liquidity zone on Coinbase. A Coinbase order-book heatmap shows strong buy orders stacked below current price and much smaller sell orders above, with buy-side depth estimated at about seven times the sell side. That suggests upward pressure may be easier to trigger than a sharp drop, though order books are not guarantees. Adding to bullish chatter, new Hyperliquid wallets have reportedly opened large, high-leverage XRP longs. Overall, traders are watching XLM’s move and XRP’s order-book structure for signs of the next move.
