Analyst predicts $600M liquidity will drive XRP short squeeze

Taylor flags $600M upside liquidity in XRP; funding negative eight weeks

Analyst Will Taylor sees leverage and liquidity skew to the upside for XRP later in the cycle, even as near-term action stays fragile. He bases it on liquidation maps, funding, and market structure in a March 24 video walkthrough.

He highlights a clear imbalance on liquidation maps. Upside pockets look far denser than downside.

- About $20M sits near $1.24 on the downside source.
- Around $300M sits near $3.38 on the upside source.
- Another ~$300M sits near $3.60 on the upside source.

“Significant upside liquidity,” Taylor said, noting dense clusters up to $3.59 on higher time frames video.

Derivatives positioning backs that view. Taylor says XRP has logged eight straight weeks of negative aggregated funding, with a possible ninth if the week closes red. He compares it to the 2022 bear-market low stretch video. Funding pressure is also tracked in market coverage NewsBTC.

He doesn’t call a clean breakout. He warns of ongoing compression inside a descending wedge or bull-flag-type structure and says a deeper flush is possible before any larger move video. A drop toward $1 by June could make any later upside more explosive NewsBTC.

Potential catalysts he cites include progress on crypto legislation like the Clarity Act, Fed easing, or other US policy moves that lift liquidity NewsBTC.