XRP Sees Largest Bid Skew in Nearly One Year on Leading US Exchange
News By Alex Dovbnya Mon, 16/03/2026 - 19:37 This surge in bid depth comes amid a broader recovery in the cryptocurrency market, led by Bitcoin's recent breakout above $74,000. Advertisement
The order books for XRP are flashing a signal not seen in nearly twelve months. According to data from prominent market analyst Dom (@traderview2), XRP on Coinbase is currently exhibiting its largest "bid skew" within a 50% price range in almost a year, suggesting that a massive supply-demand imbalance is tilting heavily in favor of the bulls.
Advertisement$XRP on coinbase has the largest bid skew within 50% seen in nearly a year
— Dom (@traderview2) March 16, 2026
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
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.
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AdvertisementA 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.
AdvertisementThe 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.
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