Coinbase XRP Order Book Reveals Asymmetric Price Movement Setup

A recent study of Coinbase's XRP-USD order book has sparked interest among crypto investors, highlighting a potential asymmetry in price movements.

The analysis, conducted by Cheeky Crypto, suggests that the current market structure favors an upward trend for XRP, with a significant imbalance between buy-side depth and sell-side liquidity.

According to the study, the buy side is nearly ten times thicker than the sell side, creating a structural safety net that could limit downside risk. The analyst argues that this setup could push XRP's price up more quickly than it falls, with a 9:1 imbalance ratio between buying and selling.