XRP Trades At $2.89 As Liquidity Builds Below $3 and Whales Add Support

XRP trades at $2.89, up 3.0% in seven days, with BTC pairing also advancing 1.7% to 0.00002588 BTC.

Liquidity continues stacking below $3, with immediate support at $2.77 and resistance at $2.90.

Whale buying over the weekend provided support and reinforced the foundation during the proposed end of wave E of the wave 4 triangle.

XRP is drawing attention this week as liquidity continues to concentrate below the $3 level, highlighting a potential inflection point. At the time of writing, XRP was trading at $2.89, marking a 3.0% increase over the past seven days. Against Bitcoin, the token shows a gain of 1.7%, with the pair holding at 0.00002588 BTC. According to market analyst mdtrade, XRP stands out in what has otherwise been a subdued market. He points out that recent whale activity provided critical support, reinforcing the base for a possible next phase.

Current Price Levels and Market Range

Over the last 24 hours, XRP has moved within a narrow band between $2.77 and $2.90. The support level is clearly marked at $2.77, creating a foundation for buyers to defend. Resistance emerges at $2.90, where selling pressure has so far capped upward momentum. Notably, this range has compressed in recent sessions, which keeps attention focused on whether the token can extend gains beyond the immediate ceiling.

Liquidity and Technical Structure

Liquidity data shows a large cluster stacking below the $3 threshold, with visible depth between support and current trading levels. This concentration reflects the market’s willingness to provide strong backing at lower zones. According to the analyst, the recent structure aligns with the proposed end of wave E of a wave 4 triangle.

If correct, XRP may now be transitioning into an impulse phase, following the triangle’s resolution. Importantly, such setups typically highlight whether accumulation is sufficient to sustain a breakout in the near term.

Whale Accumulation Reinforces Market Base

Over the weekend, notable whale buying added further stability to XRP’s short-term outlook. This activity supported the token’s ability to hold near the lower end of its trading band. The increased buying interest coincides with rising liquidity, forming an additional layer of market reinforcement

Analysts emphasize that these developments together help strengthen the base structure, which could determine whether momentum continues to build. With both support and resistance levels tightly defined, market participants now closely observe XRP’s positioning within this range.