- XRP reacted to liquidity shifts triggered by NFP data, clearing key zones and heading for supply
- Break-even strategies are crucial to protect capital in uncertain market conditions
- Watch for potential moves targeting liquidity above and below, especially during high-volume trading sessions
In our last analysis of XRP, we observed liquidity building up above and below the price.
With the release of the Non-Farm Payrolls (NFP) data (13.30 GMT)—a key economic indicator measuring job creation in the U.S.—XRP made a decisive move.
While it didn’t clear all the liquidity we identified, it swept a significant portion before rallying to target liquidity above. It hit the first supply zone, reacted slightly, and now appears to be heading for the next supply level.
Why Break Even Matters
Let’s talk about break-even strategies—a trader’s safety net. Break-even is the point where your trade no longer incurs a loss because you’ve adjusted your stop loss to your entry point.
Why does this matter? Sometimes, price reacts to supply or demand zones, but not as strongly as we anticipate. Break-even allows you to protect your capital while staying flexible.
What’s Next for XRP?
Looking at the M15 timeframe, the most likely scenario seems to be XRP targeting liquidity above, interacting with the supply, and eventually moving down to sweep liquidity below.
However, this move might take some time to play out since weekends typically see lower trading volume. Major moves often align with the London Stock Exchange or New York Stock Exchange sessions when liquidity surges.
Be Prepared for Anything
While these scenarios are carefully analyzed possibilities, let’s not forget: the market can be unpredictable. XRP might do exactly the opposite of what we expect, and that’s why having a plan—and using tools like break-even—is essential.
Key Zones to Watch:
- Liquidity Above: Likely short-term target.
- Supply Zone: Potential area for price reaction.
- Liquidity Below: Longer-term target if a reversal occurs.
Keep monitoring the price action, especially as we approach the start of the trading week. Let’s see how XRP plays out!
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.
