$XRP orderbook on Coinbase is still heavily skewed towards bids (nearly 7x on the large bands)


Now this doesn't automatically mean "price go up"
But it does mean it's much easier to move price meaningfully up then down
The book is simply intentions. Early 2025 I used the large bands of the book to solidify my bearish thesis on $BTC before it dropped 30%
XRP-8.14%
BTC-6.43%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned