XRP Price Prediction: Navigating the Next Move in a Volatile Market

Analyzing XRP's price action, potential scenarios, and what to watch for in the near term. Will it respect demand zones or hunt for liquidity?

XRP is dancing on the edge of a decision, leaving traders wondering about its next move. Will it respect key demand zones, or will it aggressively hunt for liquidity? Let's dive into the scenarios.

XRP: Demand Zones and Liquidity Hunts

In our previous analysis, we discussed a classic accumulation phase for XRP. True to form, XRP manipulated downwards, sweeping liquidity before rocketing back up. It then retraced into a key daily demand zone, a spot we pinpointed as a potential buy zone, and reacted perfectly. Now, the price is sitting just above an H2 demand zone.

Will XRP respect this level and bounce? It's possible. We've seen XRP's capabilities when it hits demand zones with imbalance. This one checks all the boxes: clean, fresh, and with an unfinished feel. However, XRP might skip the niceties and aim straight for the liquidity sitting above. There's uncollected stop-loss fuel above recent highs, and liquidity is like a magnet.

Two Scenarios on the Table

Here's the breakdown:

• Scenario 1: Respecting the H2 Demand. If XRP dips into the H2 demand first and shows a strong bullish reaction, it could be a clean setup.
• Scenario 2: Liquidity Hunt. If XRP skips the demand and surges higher, it signals the market is aggressively hunting liquidity rather than respecting structure.

This situation is reminiscent of instances where a clean retest was expected before a breakout, but price simply launched without warning, driven by a liquidity hunt.

XRP Price Prediction – Near-Term Outlook

So, what’s the short-term outlook?

• If XRP respects the H2 demand, we might see a short-term bullish move.
• If it skips the demand and pushes straight up, the target could be the liquidity zone above the daily highs, potentially reaching towards the $3 mark if momentum follows through.

Trump Coin: A Quick Detour into Meme Coins

While we're on the topic of crypto, let's briefly touch on Trump coin (TRUMP). Despite some bullish signals, meme coins are struggling amidst geopolitical tensions. However, derivatives traders seem to be betting on a rally, with open interest showing signs of recovery. A potential breakout from a falling wedge pattern could lead to a 2x move, targeting the early March peak at $17.70, or even higher towards $24. However, failure to hold the accumulation zone could invalidate the bullish setup.

The Bottom Line

Remember, this isn't financial advice, it's scenario mapping. We trade probabilities, not certainties. Keep an eye on those demand zones and potential liquidity hunts for XRP. For meme coins like TRUMP, keep an eye on Bitcoin, and geopolitical factors.

So, buckle up, crypto enthusiasts! It's gonna be a wild ride. Will XRP moon? Will TRUMP coin make headlines? Only time will tell. One thing's for sure: it's never a dull moment in the crypto world.