- XRP’s liquidity zones play a crucial role in driving price action, often dictating the market’s next moves
- Key supply and demand zones highlight areas of interest for potential reactions, though no movement is guaranteed
- Manage risk: Always set trades to break even once in profit to protect against unexpected price shifts
In our previous article, we anticipated a possible dip in XRP’s price after taking the liquidity left above.
And guess what? The market delivered!
XRP first grabbed the liquidity resting above and then swiftly moved downward, targeting the liquidity left below. This reinforces the principle: price gravitates towards liquidity.
Current Market Observations
Now, the situation is less clear. The price has left liquidity both above and below, which usually means one thing: the market might go for one liquidity pocket first before heading for the other.
For now, I’ve marked key supply zones and demand zones that could be pivotal.
Reactions around these areas often provide insight into where the market might head next, though they’re not guaranteed triggers for massive moves.
Here’s an important tip: Always set your trades to break even once in profit. This way, even if a demand or supply zone doesn’t hold, you’ll walk away unscathed.
What’s Next for XRP?
We can’t predict market moves with absolute certainty—it’s all about probabilities and scenarios. XRP’s behavior is likely to be driven by how it interacts with liquidity and these zones.
While it could respect a demand or supply zone, it’s equally possible for the market to surprise us with its unpredictability.
Stay sharp, stay informed, and always manage your risk.
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.
