Expert Identifies XRP Support Level with Massive Liquidity, Plans to Buy with All His Cash If XRP Drops

An analyst has identified an XRP support level boasting deep liquidity, suggesting a drop to this mark could lead to massive buy pressure.

XRP’s price has retraced lately, with earlier bullish momentum temporarily losing steam. A few weeks back, the fourth-largest cryptocurrency by market cap was rejected at $2.65 and has failed to find its footing since then.

At the current price, XRP has retraced 13.5% from the three-month price high, with bearish trends mirroring a broader altcoin market underperformance. Meanwhile, a market expert has identified a price mark backed with strong liquidity that XRP may not trade below again.

Whales Place Large Buy Order at This Price

In a May 26 tweet, analyst “Cryptoinsightuk” shared XRP’s short-term liquidity heatmap on Binance, the largest crypto exchange by trading volume. The chart shows large volumes of buy and sell orders around different XRP lower timeframe price levels, indicating keen interest among market users in the asset.

However, a particular price mark stands out. The expert market watcher highlighted that the liquidity around the $2 mark is too deep, suggesting that whales see XRP at that price as a massive discount and a good buy opportunity.

Liquidity Heatmap on XRP/USDT on Binance/Cryptoinsightuk

Notably, Cryptoinsightuk envisions a massive price bounce if XRP ever reaches the $2 mark and revealed he will go all in if the market offers this price. In his words, he will back up the XRP truck at $2 with whatever cash he has left.

Liquidity at a price level suggests large buy orders around the area. If prices drop to an area of deep liquidity, these orders are filled, steering intense buying pressure and excessive demand, which will likely push XRP higher.

Cryptoinsightuk understands this narrative; hence, he revealed that he would massively stack XRP if it ever reaches $2 support. The deep liquidity would almost certainly ensure a quick rebound to higher prices, profiting those who bought around the price level.

Is $2 the New $0.5?

XRP’s price has failed to replicate the feat from November to January, when the asset skyrocketed 578% from around $0.5 to a seven-year high of $3.39. However, the crucial $2 support, a former resistance close to the level where XRP peaked in 2021, has proven solid each time XRP dumps to that level.

For perspective, XRP retraced to support in early and mid-December after a massive rejection at $2.90 but bounced from there at each instance. The $2 support again proved solid following the famous February 3 capsize and also provided solace for XRP during the several attempts between then and April, when bears pushed prices lower.

Interestingly, the rigidity of the $2 support has sparked speculations among the XRP community that the price mark could be the new $0.5, an area where the XRPL native token consolidated for years before the recent breakout.

For context, Edward Farina, the founder of Alpha Lions Academy, suggested in April that $2 could be the new $0.5, citing the support’s resilience in cushioning downward momentum. The strength of the support area also drew the attention of Francisco Almedia, who further championed the narrative that it has now become for XRP what $0.5 was a few months back.

$2 $XRP is the new $0.5 pic.twitter.com/Bum5eD5eLH

— Francisco Almeida (@Fran1991444) April 11, 2025

This sentiment reflects in the massive liquidity seen at the price mark, as whales grow confident that XRP may never lose the $2 support again.

Meanwhile, analysts remain confident that XRP will shake off the recent sideways trend and rally to higher prices in the mid and long term. Speculations of an uptrend to $8, $10, and even $100 are on the cards, reflecting strong bullish sentiments around the asset.

At the time of writing, XRP trades at $2.30.

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