Analysts are watching XRP closely after Stellar's 40% weekly surge, with some projecting a move toward $1.76 to $2 in June.
A heatmap of Coinbase's XRP order book shows buy orders stacked 7 times heavier than sell orders, a setup analyst Dom says makes it easier to move prices higher. He cautioned that order books reflect intentions, not guarantees, but noted similar readings preceded a 30% Bitcoin drop in 2025.
New wallets on Hyperliquid have opened large XRP long positions with 20x leverage, some worth millions. XRP trades near $1.23 to $1.30, down 2.5% weekly but up 2.5% in the last day. The path of least resistance leans upward, pending broader market sentiment.