⬤ A new long-term liquidation heatmap for XRP shows major liquidity clusters stacking up both above and below current prices, setting up what looks like a volatile situation. The updated heatmap tracks liquidity pools that have built up over the past month on Binance's XRP perpetual market, showing exactly where leveraged positions are concentrated and where price could take off if it hits those levels.
⬤ The heatmap displays strong bands of liquidity in bright green and yellow, particularly near the $2.3 to $2.6 zone, pointing to heightened interest and potential liquidation pressure if XRP pushes back into that area. More clusters sit below the $2.0 mark, meaning both upward and downward moves have similarly thick liquidation pockets waiting. XRP's price action on the chart shows a steady drop through late October, then a bounce and stabilization around $1.9 to $2.1. The liquidity spread across these zones reveals how price has repeatedly tested mid-range pockets before settling into its current consolidation.
⬤ The visualization captures how XRP bounced around multiple liquidity pockets between $2.1 and $2.4 throughout November, with each pass triggering visible liquidation activity. The continued presence of dense clusters in both directions suggests significant forced order flow is still active. These high-density zones often pull price toward them due to liquidation-driven volatility. The even distribution of liquidity pools creates a market structure where either direction could trigger strong follow-through depending on which zone XRP engages first.
⬤ This matters because evenly layered liquidity above and below the market typically creates conditions where price can move sharply once momentum shifts. The heatmap shows just how surrounded XRP is by high-interest zones, making volatility more likely as leveraged positions stay exposed on both sides. With liquidity pools clearly mapped across a wide range, XRP's short-term direction may hinge on which pocket becomes the next target for liquidation-driven activity.
Peter Smith
Peter Smith