$XRP Breakout Loading? Seller Absorption Signals Major Move Ahead! đđđ
The bulls are warming up! According to fresh data from CryptoQuant, XRP is showing signs of heavy seller absorption on Binance â a classic precursor to a bullish breakout.
This means big players are stepping in, absorbing sell pressure with strong buy-side liquidity. The result? A potential supply squeeze that could drive XRP to new local highs.
On the 1H chart, XRP is forming a solid base at the $2.51â$2.53 demand zone, bouncing with clean rejection wicks and holding structure support. If momentum continues, the next breakout could target $2.68 and beyond, marking a fresh leg in XRP's rally.
Why It Matters:
Binanceâs order book is often a crystal ball for price action â and right now, itâs flashing green. When buyer demand outpaces sellers, especially in tight consolidation zones, it often precedes explosive upside moves.
Key Resistance: $2.68
Key Support: $2.48
Sentiment: Bullish
Traders are keeping eyes locked â a breakout from here could be one of XRPâs strongest moves this quarter!
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