- XRP fell to 2.80 to take liquidity, just like the forecast, then pumped.
- The next goal? Most likely 3.20, With a possible reaction in 3.22. 3.22 Area of supply.
- The accuracy of any prediction is not 100% sure These are plausible scenarios based on price movement.
Image Credit : https://www.bitcoinsensus.com/
The last time we spoke, we discussed the reasons why XRP was going through a crash. If you haven’t gone through it yet, take a moment and read it before you do. This will assist you in connecting the dots there.
I had mentioned something at the time that was a little controversial. I mentioned that XRP may actually require falling to 2.80 before anything worthwhile could occur.
And you know what? This is precisely what happened. price dropped, washed that liquidity pool, then shot up immediately after. Clean. Precise. But why 2.80?
Because people purchase emotionally and cover their stop losses in those huge psychological boundaries. Market makers are aware of this. They know this. The market? It doesn’t care about what you think. It simply needed to get the cash before it could do its job. This is precisely what happened at 2.80.
We’re now in a fascinating phase.
From here, I’m seeing the price rising to 3.20 and then chasing the liquidity just above the level. There’s a great stash of open orders.
If it reaches the area, we could be experiencing a reaction around 3.22, which is in line with a supply zone that I’ve been monitoring closely. It’s the place where things can become hot again.
Could it reject that? Can it break through and rewrite the narrative completely? Both of these are possibilities.
This is that I’m going to be sincere with you — nobody knows for sure. It’s not me. Not you. Not the Twitter user with the highest number of likes or the most flashy chart. This is about probabilities, not a guarantee. The scenarios I’m presenting here are possible scenarios, not absolutes.
We’re traders. Our role isn’t to determine the future but to react to price using logic and preparation, not emotions.
Keep your eyes peeled. Make a plan. The price will come to you.
Keep in mind that the market isn’t here to prove your point. It’s here to do what it’s gonna do.
The information provided in the article is intended for informative and educational purposes only. It is not intended to be investment, financial, or advice on trading. Any decisions you make in reliance on the information contained are entirely to your risk. We do not take responsibility for any monetary loss or damages that result from the use of this information. Always do your own research and seek the advice of a reputable financial advisor prior to making any investment decision.
