Saad Ullah
As the crypto market enters a phase of cautious optimism, traders are closely watching XRP. With price action tightening and leveraged bets piling up, XRP has reached a critical level that could determine its next major move. A fresh heatmap from Coinglass reveals where the pressure is building.
XRP Price Consolidates Near $2.36 With High Leverage Risk
XRP (XRP/USDT) is once again facing resistance as it trades at $2.356, according to the latest liquidation heatmap. The chart, updated on July 8, 2025, at 19:00 UTC, shows a massive leverage cluster totaling $484.34 billion building at this key level.
This concentration suggests that traders are heavily positioned around $2.36—often a sign that the market is bracing for a breakout or sharp reversal.
XRP Bulls Face Make-or-Break Moment at Resistance Zone
Over the past weeks, XRP has rebounded from lows near $2.00, gradually climbing back into the $2.30 range. However, the growing liquidation leverage pressure around $2.36 presents a challenge. The dense liquidity zone could act as resistance, leading to a pullback if bulls fail to push through.
Conversely, a breakout above this level could trigger a short squeeze, with the next resistance areas likely near $2.50 and $2.70.
Saad Ullah
