XRP/USD: Navigating the Path to $4+
The XRP market is currently in a complex consolidation phase, with price action resembling a distorted flag pattern. This structure appears to be influenced heavily by market makers engaging in whip-saw behavior across altcoins, creating erratic volatility and liquidity hunts. Given the prevailing bullish sentiment across the market, the potential for a liquidity drain is high before any significant upward movement.
I am anticipating a two-step scenario for XRP’s journey to $4+:
1. A Deep Cut Liquidity Hunt: Price action may dip to key liquidity levels as market makers exploit over-leveraged positions, shaking out weak hands before a strong reversal.
2. Bullish Continuation: Once liquidity is reclaimed, XRP could begin its ascent, driven by renewed buying pressure and macro bullish momentum.
Target Zones for Entries:
I have identified critical levels (green lines) where I believe the liquidity grab could occur. These levels serve as optimal zones for entries
I am anticipating a two-step scenario for XRP’s journey to $4+:
1. A Deep Cut Liquidity Hunt: Price action may dip to key liquidity levels as market makers exploit over-leveraged positions, shaking out weak hands before a strong reversal.
2. Bullish Continuation: Once liquidity is reclaimed, XRP could begin its ascent, driven by renewed buying pressure and macro bullish momentum.
Target Zones for Entries:
I have identified critical levels (green lines) where I believe the liquidity grab could occur. These levels serve as optimal zones for entries
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🔥 TikTok: tiktok.com/@jason.trading
⚡ Telegram: t.me/+gs884ipN3985YTgx
No fluff. Just raw trading insights. 💪 #Crypto #Markets #TradingView
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Stay in the Game
🔥 TikTok: tiktok.com/@jason.trading
⚡ Telegram: t.me/+gs884ipN3985YTgx
No fluff. Just raw trading insights. 💪 #Crypto #Markets #TradingView
🔥 TikTok: tiktok.com/@jason.trading
⚡ Telegram: t.me/+gs884ipN3985YTgx
No fluff. Just raw trading insights. 💪 #Crypto #Markets #TradingView
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.