Analyst Predicts XRP Will Lead Next Upswing in Crypto Market

Crypto market commentator CryptoInsightUK suggests that XRP may outperform BTC and ETH due to favorable liquidity profiles. Key points include:

  • XRP has shown a bullish divergence in liquidity compared to BTC and ETH.
  • BTC is currently facing downside liquidity around $106K, with potential upside targets between $126K and $141K.
  • ETH's setup appears weaker, with significant overhead liquidity already tapped and risks of mean reversion below recent lows.
  • XRP has cleared lower liquidity levels, indicating potential for an upside reversal if buying momentum picks up.
  • The XRP/BTC pair supports this outlook, having flipped prior resistance into support, suggesting bullish momentum.
  • Higher timeframes indicate XRP retains strong overhead liquidity, while BTC has a clear path to upper liquidity pools once immediate downside pockets are resolved.

The analyst believes the upcoming weeks will reveal whether XRP can lead the market as traders return. Current price for XRP is $2.77.