Crypto analyst Chart Nerd cautions that XRP could slip to around $1 as liquidity is absorbed. CoinGape reported that the analyst cited a liquidity heatmap supporting a move toward $1, with clusters around $1.00, $1.20, and $1.80, suggesting a potentially volatile March for XRP. An alternate scenario envisions XRP rising to about $1.80 before retreating to test the lower liquidity around $1.00.
Additionally, the report describes a path in which XRP moves up to $1.80 and then reverses to purge the bottom liquidity. The analyst also notes that March appears to be the most probable window for these moves.
Macro factors, including rising oil prices and Middle East tensions, weigh on sentiment around XRP. Oil-price pressures could keep the Federal Reserve in a restrictive stance longer, potentially pressuring risk assets. The XRP Whale Flow 30-day moving average has recently reversed from a multi-month downtrend, signaling renewed whale interest. That shift could foreshadow a price rebound if buying pressure returns.
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