- XRP liquidity clusters build pressure above key resistance
- Short positioning imbalance fuels speculation of March breakout
- Heatmap data signals potential path toward psychological $2 level
Derivatives traders turned their focus to XRP after fresh heatmap data revealed a heavy concentration of leveraged positions building above the current price range. In a recent post on X, market analyst ChartNerd pointed to strong buy-side liquidity stacked between $1.50 and $1.80, suggesting that price may be drawn toward that corridor. He added that the setup could pave the way for a push toward $2 in March, citing the visible imbalance in short positioning across major exchanges.
Liquidation heatmaps from Coinglass show dense horizontal clusters above the recent consolidation area near $1.40. These brighter zones indicate areas where leveraged short positions could face forced closure. Consequently, traders now view the $1.50 to $1.80 range as a potential liquidity magnet, and according to ChartNerd, the hunt is on in that region as positioning continues to build.
Moreover, XRP already demonstrated its capacity for rapid movement earlier in February. Price briefly advanced toward $1.65 before retracing into a tighter range. That spike highlighted how quickly liquidity pockets can trigger volatility. Therefore, market participants are evaluating whether a renewed attempt could extend higher if momentum strengthens.
Also Read: Ripple CEO to XRP Community: “There Is Not One Switch, There’s a Thousand Switches – What He Means”
Liquidity Structure Builds Case for March Extension
Current derivatives positioning reflects heavier short exposure above the price than below it, meaning that if XRP pushes into the $1.50 to $1.80 corridor, liquidations could generate cascading buy orders. Additionally, the heatmap shows thinner liquidity beyond $1.80. Such conditions may allow the price to accelerate toward the psychological $2 level.
However, liquidity concentrations reflect probabilities rather than guarantees, and broader market sentiment continues to influence XRP’s short term trajectory, with Bitcoin price action remaining a dominant driver across altcoins, while sustainable rallies often require strong spot demand to support derivatives-driven moves.
Even so, the leverage imbalance provides a defined technical framework, and according to ChartNerd, his March outlook aligns with the structural setup now visible in the data, as traders continue monitoring volume expansion and open interest shifts for confirmation of any breakout attempt.
In conclusion, XRP’s latest liquidity update highlights a notable cluster between $1.50 and $1.80. Market observers are assessing whether that band will trigger a squeeze. If price momentum aligns with derivatives positioning, a move toward $2 in March remains technically plausible.
Also Read: XRP Crash to $0.60? Expert Warns of Critical Support Test Ahead
