- XRP is hovering near a key demand zone, but liquidity below remains untouched
- The FOMC decision at 18:00 GMT could trigger massive volatility
- Patience is key—trading before a major event could be risky!
The XRP price action is at a critical point, but with major economic events lined up, things could get volatile.
Let’s break it all down.
XRP Analysis: Liquidity, Demand Zones, and Market Moves
In the previous analysis, we were waiting for XRP to grab the liquidity below before heading into a demand zone for a potential buy setup.
However, the price has been respecting the trendline so far, meaning that liquidity remains untouched.
To me, this looks like nothing more than a temporary profit opportunity for retail traders.
The real question is—will XRP finally make that liquidity grab before a strong move?
FOMC and Fed Interest Rate Decision: High-Impact Event at 18:00 GMT
One of the biggest catalysts today is the FOMC Economic Projections, Statement, and Fed Interest Rate Decision. Whenever the Fed is involved, markets tend to react strongly.
This means we could see major price swings for XRP and the entire crypto market around 18:00 GMT.
Because of this high-impact event, I wouldn’t take any trades unless XRP reaches the demand zone below. Jumping in too early could be a dangerous move.
Even better? If the price leaves the liquidity above untouched, we could have an even stronger setup later on.
XRP Price Prediction: What Comes Next?
Since the market can do whatever it wants, I’m keeping an open mind about possible scenarios:
- Bullish Scenario: If XRP grabs the liquidity below and taps into demand, we could see a strong reaction upward.
- Bearish Scenario: If price rejects the demand or fails to reclaim key levels, a deeper drop could be in play.
- Volatility Warning: With the FOMC event incoming, expect wild swings and possible fakeouts before the real move happens.
Remember: The market is unpredictable. These are potential setups, not guaranteed outcomes. Always trade with caution.
Final Thoughts: XRP Traders, Watch This Level!
With a major news event approaching, it’s best to stay patient and wait for price to come to you rather than chasing trades. Let the liquidity get swept first.
If you’re trading XRP, keep an eye on 18:00 GMT—that’s when the real action could start.
Want to trade XRP with low fees? Check out Weex for a seamless trading experience.
Would you take a trade before the FOMC? Or will you wait for the liquidity grab?
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
