Pseudonymous analyst CryptoInsightUK has warned that the next major move for XRP could be a trap. In a video published on June 8, the analyst outlined a scenario where XRP surges toward $2.30\u2013$2.40 in the short term\u2014only to reverse violently into a sharp liquidity flush before any sustainable breakout occurs.<\/p>\n
\u201cI think XRP goes to sub-$2.0. I really do,\u201d he said<\/a>, adding: \u201cIt could come and sweep the highs here\u2026 could come up to like what, $2.30, and then push us down. That would be more pain for everyone, \u2018cause everyone\u2019s going to think we\u2019re going to the upside.\u201d<\/p>\n The setup he describes is based on market structure and liquidity dynamics, particularly the buildup of resting orders beneath XRP\u2019s current range. \u201cThis here is a concern, a real concern for me,\u201d he said, referring to the growing pool of liquidity below current prices. According to his internal models, such liquidity zones<\/a> are statistically touched \u201c80% of the time.\u201d<\/p>\n \u201cSomeone\u2019s trying to trick someone here,\u201d he warned. \u201cI\u2019m cautious.\u201d Despite his near-total XRP allocation\u2014he states he\u2019s \u201c95%+, probably more like 98%\u201d positioned in XRP\u2014CryptoInsightUK emphasized that he\u2019s not rooting for a correction. \u201cI don\u2019t want it to come down,\u201d he said. \u201cI\u2019m just showing you what I see.\u201d<\/p>\n The analyst proposed multiple structural paths: one in which XRP immediately breaks out, and another where it briefly rallies to sweep local highs before flushing downward to form a bullish divergence. \u201cWe\u2019re in a range right now,\u201d he said. \u201cDo we come up, sweep the highs, then take the lows and go?\u201d<\/p>\n He elaborated on the bullish divergence pattern he is watching, where price forms a lower low while the RSI (Relative Strength Index) prints a higher low\u2014a setup he uses to identify bottoming structures. \u201cThat\u2019s what I would like to see,\u201d he explained.<\/p>\n Despite the bearish tactical setup, the video struck an upbeat macro tone. Will cited four near-term catalysts: the Genius Act on stablecoin oversight, the imminent filing deadline<\/a> in the SEC\u2019s remedies phase against Ripple, the July decision<\/a> window for a spot-XRP ETF proposal, and a renewed expectation of accommodative fiscal policy sparked by last week\u2019s televised Trump-Musk dialogue.<\/p>\n \u201cWhat this really tells us is there\u2019s going to be money printing,\u201d he argued. \u201cAssets all over are going to explode to the upside and, for the other specific reasons, XRP probably does even better.\u201d<\/p>\n Turning to Bitcoin, the analyst observed an ongoing decline in trading volume, suggesting indecision or exhaustion. \u201cThere\u2019s been no volume. There\u2019s been nothing,\u201d he said of recent BTC price action.<\/p>\nBroader Macro Conditions Still Supportive<\/h2>\n