XRP Price Prediction: Approaching a Crucial Zone, What's Next?

In our last analysis, we spotted XRP heading downward, approaching a key demand zone. The expectation? That XRP would break through this demand zone.

In our previous analysis, XRP was spotted heading downward, approaching a key demand zone. The expectation was for XRP to break through this demand zone. However, I didn't trust it because there was liquidity resting below, making it a prime target for a deeper move.

As a result, we did see a small bounce, but the liquidity below was too tempting. XRP continued its descent, breaking through the first and the second demand zone.

Now, XRP is approaching yet another demand zone, but this time, there's significant liquidity above waiting to be taken. Could this mean a strong reaction ahead? It's possible. If buyers step in, we might see a move toward those liquidity levels.

However, let's not forget: XRP just broke through the previous demand zone, which means sellers still have control. While a bounce is likely, the big question is whether it will hold or just be another stop before further downside.

If you're looking for a potential buy entry, here's what I'd like to see:

- XRP bouncing off this demand zone.

- A clear rejection of lower prices, forming a pin bar or engulfing candle.

- Confirmation of buying pressure with increasing volume and momentum indicators.

If we get these conditions, we might be looking at a solid long opportunity. But remember: nothing is guaranteed. The market moves how it wants, and risk management is key.

XRP is in a crucial zone, and the next few moves could dictate its short-term trend. While a reaction from demand is possible, we need confirmation before jumping in. If XRP breaks through again, the next major demand could come into play.

Stay sharp, manage risk, and let the market show its hand.