During this period, the DEX buy/sell ratio experienced significant volatility. It spiked to 17.5 on May 4, showing a temporary wave of aggressive buying, but quickly consolidated back below 1.5 by May 12. Despite the sharp surge in order flow, XRP’s price remained relatively controlled, increasing gradually rather than reacting with a sharp breakout that ended in an equally rapid consolidation.
Rising liquidity provided a cushion that absorbed speculative pressures without triggering large swings. As the buy/sell ratio softened, XRP continued its rise, showing that short-term speculation wasn’t driving the move higher.
Since the beginning of the week, XRP’s DEX buy/sell ratio has hovered between 1.4 and 1.5, indicating a more balanced structure. Liquidity remained above $19 billion, supporting price resilience even as short-term buying cooled.
This behavior shows that XRP’s rise above $2.5 on DEXs was supported by broader improvements in liquidity, even if it was initiated by a fleeting speculative burst. Robust liquidity like this reduces the risk of sudden reversals and can lead to a more sustainable rally in the short term.
