- XRP has been climbing since April 7 after sweeping key liquidity
- A pullback is underway after taking a recent high — possibly toward a demand zone
- Whether XRP bounces or dives depends on its reaction around untapped liquidity
Since April 7, XRP has been on a solid climb. If you zoom out to the daily chart, you’ll notice something interesting — and kind of poetic, in a trader’s way.
That day, it grabbed liquidity from the left. You know the kind — that sneaky sweep below structure where price just dips, snatches stops, and then boom — launches upward.
And from that moment? It’s been mostly green candles and good vibes.
But nothing climbs forever. Not even XRP.
Right now, we’re starting to see a bit of a pullback after price took out a local high. Which, honestly? Was expected.
That high had liquidity sitting above it like frosting on a cake — and price couldn’t resist the bite.
So now we’re left with a question:
Is this just a healthy retrace, or the beginning of a deeper correction?
There are a few things I’m watching closely.
- There’s a demand zone below us that hasn’t been tested yet. Price might want to revisit it — especially if it’s feeling nostalgic and wants to touch base before heading higher again.
- There’s also a chunk of liquidity that was left behind during the climb. Price might just dip into that area, sweep it, and bounce back stronger — or… it could slice through it and change the narrative entirely.
Personally, I’m not rushing in. I want to see how price reacts down there — if it finds support or if it just keeps bleeding.
And here’s the truth I always remind myself — the market doesn’t owe us clean moves. Sometimes it gives you all the right signals and then does the exact opposite. That’s not a flaw. That’s the game.
So yeah, I have my eyes on a couple of key zones. But I also know that XRP could surprise us — in either direction.
Let’s see if this is just a quick breather… or the start of a deeper move.
