The price behavior of XRP in less than 4 hours is chaotic and lacks a clear direction. A closer examination shows that the larger structure of the 4-hour chart provides more useful information. Despite short-term volatility, the 4-hour period is optimistic, indicating that momentum is building.
Market expert Andrew Griffiths believes that a dramatic advance towards the bullish order block between 2.65 and 2.58, along with a strong negative momentum, may imply a structural break.
Griffiths noted in his latest article on X that this price zone has traditionally been a high-demand area where buyers protect support. However, if sellers control this area and the price fails to hold, market dynamics may change, invalidating the bullish setup.
Despite the technical weakness, the crypto market sentiment remains optimistic. Bitcoin continues to dominate, but the TOTAL2 chart, which shows altcoins excluding Bitcoin, is optimistic.
These broader trends suggest that the current weakness may be a transient shake rather than a deeper reversal. Price behavior around the order block could be a decisive moment in the future.
Getting Confirmation of Key Levels for Trade Setup
Andrew Griffiths suggested trading the 4-hour bullish order block between 2.65 and 2.58. Griffiths believes that a price test of this zone with weak negative momentum could be a buying opportunity.
This aligns with his trading strategy of finding high-probability entries when the price reacts to key levels with exhaustion on the opposite side. This zone may be a good entry point for long traders if conditions are favorable. Reduced selling volume, extended lower wicks (showing rejection), or bullish candle patterns within or above the zone may indicate decreasing bearish pressure.
Griffiths also emphasizes the need to wait for a clear response before taking a position to avoid further breakdown. If the trend turns bullish, a stop-loss slightly below the lower edge of the order block (2.3277) could offer a good risk-reward ratio.
