XRP Just Hit An Infamous Liquidity Pocket, Here’s What Happened Last Time It Hit
XRP has once again traded into a known liquidity pocket between $1.90 and $1.75, a key support zone since December 2024. This area has repeatedly attracted price action, including after XRP's all-time high of $3.65 in July 2025. Historical data shows visits to this zone often result in a relief bounce, such as the rebound above $2.40 in early January. Currently, the daily Stochastic RSI indicates deeply oversold conditions, which have previously aligned with rebounds. If the zone holds, a bounce is likely. However, a decisive break below with strong selling pressure could shift the outlook to bearish. Recent trading activity suggests many holders are near breakeven, which may increase selling pressure if prices don't rise.
bitcoinist01/21 17:15