Cryptoinsightuk (@Cryptoinsightuk), a prominent crypto analyst, has drawn attention to XRP’s current price action by highlighting a substantial liquidity pool around $2. In a recent post on X, he described it as the largest liquidity pool he has seen in a long time. This view is underpinned by a detailed liquidity chart, which confirms the dense concentration of buy and sell orders around this level. Liquidity Concentration and Technical Implications The attached liquidation heat map highlights a significant band of liquidity just above and below the $2 level. The analyst reveals that the $2 price zone is the most concentrated area of liquidity on the short-term chart and explains that while the asset’s price does not have to reach this level, the presence of such deep liquidity makes it a critical area to watch . He notes that if XRP does not revisit this zone, it would warrant caution for traders considering upside positions. However, recent analysis suggests that failure to hold certain crucial levels could send the digital asset back to $2. I don't trust a bounce here for $XRP . This is the largest liquidity pool I've seen in a long time tbh. I'd be suprised if we don't touch this area; https://t.co/EtfakyW8f7 pic.twitter.com/g8423sN4nI — Cryptoinsightuk (@Cryptoinsightuk) June 1, 2025 We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The analyst also references the recent formation of an inverse head and shoulders pattern , which, if completed, would align with a move down to $2 before any significant upward reversal. Historical Context and Market Behavior Historically, the $2 level has acted as a resilient support for XRP. Each time the price has approached this mark, it has triggered substantial buy interest and subsequent rebounds. Cryptoinsightuk has previously drawn attention to the support at the $2 level, stating that he was ready to go all in on XRP if it hit that level, showing his conviction in the strength of this support. The resilience of the $2 support has led some prominent figures in the XRP community to liken it to the $0.5 level that held up the asset for years, suggesting that $2 could now serve as a long-term floor for the asset. What to Expect from XRP The analyst’s outlook is also influenced by broader market conditions. Should Bitcoin experience a pullback to the $100,000 level, it would be reasonable to expect XRP to follow suit and test the $2 liquidity pool. Cryptoinsightuk emphasizes that while a move to $2 is not guaranteed, the high concentration of open interest at this price makes it a likely target for any significant downward move. He cautions that this area is susceptible to price manipulation due to the volume of orders resting there, which could lead to a swift sweep of local lows before any potential upside. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Analyst Spots Huge Liquidity Pool to Support XRP If it Falls to This Level appeared first on Times Tabloid .
