TimesTabloid
2025-08-11 18:05:11

Here’s What XRP Order Book Update Says About Coming Price Rally

Xoom’s latest update on X offers a clear, data-driven snapshot of XRP’s short-term market landscape. According to the analyst, XRP is “exactly where we want it” at the $3.20 zone — a level currently acting as a strong support base. While there could be a minor pause at $3.40, Xoom believes momentum could blast through, with the real test awaiting between $3.60 and $3.80. This assessment lines up with the latest market conditions, as XRP trades just above $3.30 on major exchanges. Order Book Positioning and Key Price Levels Order book depth is a crucial factor in predicting price movement, as clusters of large buy and sell orders often shape short-term direction. Data from top exchanges shows heavy buying interest around $3.20, helping establish it as a potential price floor. At $3.40, modest resistance could briefly slow momentum, but clearing that level would bring XRP into the high-liquidity zone of $3.60–$3.80 — an area packed with sell orders and the point where the “real fight,” as Xoom describes it, is expected to take place. XRP order book update: XRP currently sitting exactly where we want it to (around the $3.20 zone) Next up- XRP might have a slight hiccup at $3.40 but I wouldn’t be surprised if it blasts through that with the right momentum. The real fight for XRP is at $3.60-$3.80 zone. pic.twitter.com/XD2PpWte0F — xoom (@Mr_Xoom) August 10, 2025 Technical Structure: From Resistance to Springboard XRP’s recent breakout above the $3.20–$3.30 range has tilted the market structure into a bullish posture on higher timeframes. Former resistance now appears to be flipping into support, a technical development that often serves as a launchpad for further gains. If buyers continue to defend this zone and sellers fail to replenish the order book supply, a clean rally toward $3.60–$3.80 becomes increasingly likely. On-Chain Accumulation and Whale Activity On-chain analytics reveal notable accumulation trends, with a rise in the number of large XRP wallets and significant transfers into self-custody. This type of behavior reduces sell-side liquidity on exchanges, potentially intensifying any rally. However, whale movements remain a double-edged sword; sudden large inflows to exchanges could inject selling pressure that disrupts bullish momentum. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Derivatives and Liquidity Drivers In the derivatives market, both open interest and funding rates have been climbing, signaling increased leveraged positioning. This can accelerate upside moves if prices break resistance, but also heightens the risk of rapid pullbacks if long positions are liquidated. For now, a breakout above $3.40 accompanied by rising spot volume, thinning sell walls, and sustained buying pressure could set the stage for a swift challenge of the $3.60–$3.80 zone. Xoom’s order book analysis presents a concise yet strategic roadmap for XRP’s next move. The $3.20 support remains the foundation of the current rally attempt, with $3.40 as a minor hurdle and $3.60–$3.80 as the decisive battleground. If buying momentum continues to build and liquidity dynamics favor bulls, XRP could soon push toward — and potentially beyond — this critical resistance area, bringing its next major price rally into focus. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Here’s What XRP Order Book Update Says About Coming Price Rally appeared first on Times Tabloid .

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