XRP may be setting up for a large upside liquidation event even as price 
action remains fragile in the short term, according to Cryptoinsightuk analyst 
Will Taylor, who argued in a March 24 video that leverage positioning, funding 
data, and broader market structure still point to a higher move later in the 
cycle. Taylor’s core claim is not that XRP has bottomed cleanly or that 
downside risk has disappeared. It is that the balance of leverage, sentiment, 
and liquidity remains skewed in a way that could eventually force price 
higher, particularly if crypto gets a supportive macro or policy catalyst. 
Bullish XRP Liquidity Builds Above A large part of that thesis rests on 
liquidation maps. Looking at XRP, Taylor said there is “quite significant 
liquidity” below current levels in the near term, especially around $1.25 to 
$1.21. But he stressed that the more important picture appears on the higher- 
timeframe view, where the density of liquidation liquidity is far greater 
above the market than below it. Related Reading: XRP Price Will Not Move The 
Way People Think, Here’s A Better Pattern “Significant upside liquidity,” he 
said. “Again, look at the difference between the denseness of all this 
liquidity on the right compared to the left. Now, yes, there’s liquidity down 
towards a dollar, down towards 94 cent, but all the way up to and even 
including $3.59, there’s substantial liquidity for XRP.” He then put numbers 
on that imbalance. On the downside, Taylor pointed to roughly $20 million in 
short-term liquidity around $1.24. On the upside, he said the map shows around 
$300 million near $3.38 and another roughly $300 million near $3.60. That 
contrast, he argued, is one reason he continues to lean bullish despite the 
market’s weak tone. “It’s so much liquidity to the right-hand side,” Taylor 
said. “And I think that’s something people need to watch for here.” Taylor 
tied that setup to derivatives sentiment. He said XRP has already gone through 
eight consecutive weeks of negative aggregated funding, with the current week 
potentially becoming a ninth if it were to close negative. According to him, 
the only comparable stretch came at the 2022 bear-market low. Related Reading: 
Bitcoin, XRP Rallies Won’t Hold Until Oil Falls Toward $80, Expert Warns 
“We’ve had eight weeks of negative funding,” he said. “The only other time 
we’ve had that was here, which was the bottom of the bear market in 2022. So, 
I do think that people are underestimating sentimentally and structurally 
where we could be in crypto right now.” Still, Taylor did not present the case 
as a straight-line breakout. He repeatedly warned that XRP could continue 
compressing inside what he described as a descending wedge or bull-flag-type 
structure, and that a deeper flush remains possible before any larger move 
develops. “It doesn’t mean we have to go up here and break straight out to the 
upside,” he said. “This is also possible to happen… You could just chill and 
go down like that. But all this is compression of volatility. And when that 
compression of volatility gets realized, the moves more if we do that, if we 
go down to say like $1 by June, the move to the upside will be even more 
explosive than it would be if we move now.” He floated several possible 
catalysts, including progress on crypto legislation such as the Clarity Act, 
broader monetary easing from the Federal Reserve, or some other US policy move 
that could improve liquidity conditions. “I do think there’s going to be some 
sort of narrative that comes out that&#8217;s going to be quite positive for the 
markets,” he said. “I think the Clarity Act could be one of the things that we 
really start to lean on.” At press time, XRP traded at $1.42. Featured image 
created with DALL.E, chart from TradingView.com

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