A recent market analysis by crypto analyst STEPH IS CRYPTO has reignited optimism surrounding XRP. He highlighted that XRP's liquidity map shows 'empty air' above the $5 price level, suggesting minimal resistance in that zone.
Thin Liquidity and Its Consequences
Liquidity maps visualize areas where buy and sell orders are concentrated. When there is 'empty air' above a certain price, it indicates few sell orders that could slow upward momentum. XRP has already cleared several resistance levels between $3.00 and $3.50, and the remaining price levels up to $5.00 appear relatively unchallenged, creating conditions for rapid growth if a breakout occurs.
Technical Structure and Forecasts
The technical structure of XRP also supports the bullish outlook. After forming a multi-month consolidation pattern, XRP broke key resistance at $2.35 in June 2025. Since then, it has steadily climbed to the $3.00–$3.20 range, turning old resistance into new support. Analysts identify this breakout as part of a larger measured move, with price targets extending above $5.
Market Sentiment and Risk Levels
On-chain and derivatives data confirm heightened market activity. Open interest in XRP has surged, and leveraged long positions have grown sharply. While this can amplify gains, it also increases short-term risk. However, the broader trend remains intact as long as XRP stays above its key support range around $3.00.
According to recent data, XRP is in a situation where thin liquidity could lead to significant price growth. However, market participants should exercise caution and consider potential risks.