- XRP is accumulating liquidity, signaling a potential big move.
- A fakeout could trap retail traders before price surges.
- Breaking key demand levels could trigger a sharp trend shift.
I’ve seen this scenario play out countless times—just when traders think they’ve got the market figured out, price pulls a move that leaves them second-guessing everything.
XRP is in one of those tricky zones right now, and the big question is: Are we witnessing genuine accumulation, or is this just a fakeout before a bigger move?
XRP Analysis: Liquidity Grabs and Key Demand Levels
In our last analysis, we noted that if XRP broke its supply level, it could react to the demand zone below.
That demand is still valid, as the price dipped to grab liquidity before bouncing back. However, it hasn’t yet reached the demand zone, keeping traders on edge.
Looking at the M30 timeframe, XRP has been accumulating liquidity for the past 24 hours.
What’s interesting is that there’s also a demand zone on M30, which could get broken to trap retail traders into thinking the market is turning bearish.
A fake CHoCH (Change of Character) could make it seem like a breakdown is happening, only for price to react at the deeper demand zone and push higher.
XRP Price Prediction: Key Scenarios
- Bullish Scenario: If XRP holds above the accumulation zone and reacts to the higher demand level, we could see a push toward key resistance levels.
- Bearish Trap: A break of the M30 demand zone might fool traders into thinking the trend is bearish, but a sharp reversal from the deeper demand could send XRP rallying.
- Unpredictable Moves: Let’s be real—price can always do whatever it wants. While these are probable scenarios, nothing is ever 100% certain in trading.
Final Thoughts on XRP’s Next Move
XRP traders should keep an eye on these liquidity zones. Whether it’s accumulation for a bigger move up or a fakeout to shake out weak hands, the next few hours could be crucial.
Looking to trade XRP? Platforms like Weex offer advanced trading tools and deep liquidity to help you navigate these setups.
What do you think—are we about to see a breakout or just another shakeout?
Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more
