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XRP Short-Term Movements Remain Uncertain, But 4-Hour Chart Shows Strength

News Feed - 2025-05-14 02:05:59

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XRP priceaction on lower timeframes, specifically under the 4-hour mark, remains notably uncertain, with erratic fluctuations and a lack of clear directional bias. However, a deeper analysis reveals that the broader structureon the 4-hour chart is offering more constructive insights. Despite the choppy short-term moves, the 4-hour timeframe maintains a bullish formation, suggesting that underlying momentum may be building.  The Bigger Picture For XRP


A key insight shared by market analyst Andrew Griffiths suggests that a decisive move toward the bullishorder block between 2.3907 and 2.3277, coupled with strong bearish momentum, could indicate the early signs of a structural breakdown. Related Reading XRP Price Eyes Breakout: Can It Shatter Resistance and Reignite the Rally? 1 day ago


In his recent poston X, Griffiths emphasized that this price zone has historically acted as a significant area of demand, where buyers typically step in to defend support. However, if sellers dominate this region and the price fails to hold, it could signal a shift in market dynamics, potentially invalidating the current bullish setup. XRP to drop before a rebound | Source: Andrew Griffiths on X


Despite this technical vulnerability, the overall crypto market sentimentcontinues to lean bullish. Bitcoin’s dominance remains firm, while the TOTAL2 chart, which reflects the performance of altcoins excluding Bitcoin, maintains a bullish market structure. 


These broader trends support the idea that current weakness may be a temporary shakeout rather than the start of a deeper reversal. As such, price action around the order block is key, as it could serve as a turning point in the days ahead. Trade Setup: Waiting for Confirmation at Key Levels


Andrew Griffiths outlined a strategic trading approach centered around the 4-hour bullish order block between 2.3907 and 2.3277. According to Griffiths, a price test of this zone, if accompanied by weak bearishmomentum, could present a favorable buying opportunity.  Related Reading Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? 6 days ago


This aligns with his personal trading methodology, which focuses on identifying high-probability entries where price reacts to key levels with signs of exhaustion from the opposing side. For traders looking to capitalize on potential long setups, this zone may serve as an ideal area for entry, provided certain conditions align. Signs such as decreasing sell volume, long lower wicks (indicating rejection), or bullish candlestick formations within or just above the zone may act as confirmation of weakening bearish pressure. 


Griffiths also emphasizes the importance of waiting for a clear reaction, rather than preemptively entering a position, to reduce the risk of a deeper breakdown. A well-placed stop-loss just below the lower boundary of the order block (2.3277) could offer a favorable risk-reward ratio, especially if the broader trend resumes to the upside. XRP trading at $2.52 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com

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