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Cryptocurrency News Articles

XRP Just Did the Most Textbook Move — and It's Flying Toward This Resistance

May 08, 2025 at 04:54 pm

You know that feeling when everything lines up perfectly on the chart — and then price actually follows it?Yeah.

XRP Just Did the Most Textbook Move — and It's Flying Toward This Resistance

In the hustle and bustle of the crypto market, it’s easy to get lost in the sea of technical analysis. But sometimes, the simplest observations yield the clearest insights.

And today, we’re focusing on just that — simple observations that can guide our trading.

Now, if you’ve been following my analysis closely, you’ll recall that in the last article, we took a look at the H4 timeframe for XRP.

We noted a crucial demand zone where buyers were stepping in to soak up any downward pressure.

Plus, we spotted a zone of upper liquidity, which usually attracts sellers and might cause a slowdown in the upward momentum.

And finally, we observed that price had already dipped below the market price, setting the stage for a potential sweep.

Now, let’s see how XRP actually unfolded:

As you can see, price dipped lower to sweep the remaining liquidity.

It then bounced back up and hit the Fib zone, which is usually a hotbed for traders’ attention.

From there, price encountered a cluster of upper liquidity zones, which had been accumulating since the previous leg down.

And as price approached that zone, it also encountered a zone of supply, signaled by the Fib levels and the top of the visible range.

Now, personally, I wouldn’t chase long entries as price reaches these upper zones.

Instead, I’d expect some reaction in this area.

Of course, it could continue upward, but I wouldn’t be surprised to see a pullback or at least a slowdown.

After grabbing a large amount of liquidity like this, price usually needs to reset a bit.

And where might it reset to? Well, lower levels, perhaps back toward the demand zone.

But a Word of Caution…

To be clear, none of this is a guarantee. These are just possibilities, albeit well-informed ones.

The market doesn’t follow any script; it does what it wants.

It could easily continue upward, slicing through supply like a hot knife through butter.

Or it could reverse quickly, faster than most traders can react.

That’s why I always emphasize adapting to price behavior, not the other way around. Observe, analyze, and adjust accordingly.

And if you’ve been tuning into my updates regularly, you’ll notice that I spotted this entire move from bottom to top.

It’s all part of the chart mapping I do to provide a narrative that price might follow.

And more often than not, it does.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on May 08, 2025