XRP Sees Largest Bid Skew in Nearly One Year on Leading US Exchange
Analysis
Price Impact
HighA significant bid skew suggests a strong imbalance in favor of buyers, indicating a higher probability of upward price movement due to lower resistance.
Trustworthiness
HighPrice Direction
BullishThe 9:1 bid ratio signifies a substantial 'buy wall,' making it significantly easier and cheaper to push the price up than down. this suggests potential for rapid ascent if buying pressure increases.
Time Effect
ShortOrder book imbalances like this can lead to rapid price movements in the short term as market participants react to the perceived 'path of least resistance'.
Original Article:
Article Content:
Cover image via depositphotos.com The order books for XRP are flashing a signal not seen in nearly twelve months. According to data from prominent market analyst Dom (@traderview2), XRP on Coinbase is currently exhibiting its largest "bid skew" within a 50% price range in almost a year, suggesting that a massive supply-demand imbalance is tilting heavily in favor of the bulls. Advertisement $XRP on coinbase has the largest bid skew within 50% seen in nearly a year Nearly a 9:1 bid ratio Translated - It's 9x easier right now to push $XRP to $2.25 than to $0.75 pic.twitter.com/ttpSdNszea — Dom (@traderview2) March 16, 2026 The 9-to-1 imbalance The data reveals a staggering 9:1 bid ratio for the asset on the leading U.S. exchange. In plain English, this means that for every one sell order sitting on the books within 50% of the current price, there are nine buy orders waiting to catch the asset. HOT Stories Cardano (ADA) Recovery More Than Possible Now: 150% Volume Increase -93% for XRP Price Unlikely: Ripple CTO Emeritus, Shiba Inu (SHIB) Activates 37% Upside Scenario, Most Bitcoin Analysts Strongly Bullish: Morning Crypto Report This metric is a crucial indicator of "path of least resistance." When the bid-side (buyers) is this much deeper than the ask-side (sellers), the price requires significantly less capital to move upward than it does to move downward. Advertisement A bid skew of this magnitude typically suggests a "liquidity vacuum" to the upside. If a sudden surge of market buying hits Coinbase, there is very little "overhead supply" to stop the price from a rapid ascent. With the current skew, a move toward the $2.25 mark is mathematically more probable based on current order book depth. The massive "buy wall" indicated by the 9:1 ratio suggests that any sell-off would likely be aggressively absorbed long before reaching the $0.75 level. Advertisement The price may still be consolidating, but the underlying market structure is coiled for a breakout. If the broader market momentum sustains, the thin "ask" side of the book could lead to the kind of parabolic move XRP is historically known for. XRP is currently changing hands at $1.53, according to CoinGecko data . #XRP Price Prediction