On the 4-hour XRP/USDT chart, a pivotal structure is forming under the Mirror Market Concepts (MMC) framework. The price is consolidating near a key descending trendline, signaling an impending breakout or breakdown. Here’s a zone-by-zone breakdown:
🔍 Key Zones & Structure:
Major SR Interchange Zone ($2.95 - $3.05)
A significant supply-to-demand flip zone, previously acting as both support and resistance. The price is currently testing this zone, just below it, after a bearish move.
Breakdown Retest Supply Zone ($2.93 - $2.98)
Following a breakdown from this level, it now serves as resistance, reinforced by the descending trendline, creating strong confluence.
Next Reversal Zone ($2.75 - $2.85)
If the price fails to break above the Interchange Zone, this area could act as a potential reversal or reaction zone, driven by prior demand and price imbalances.
SR Flip Potential
A sustained break above the trendline and Interchange Zone could spark a bullish move toward $3.20+ (Target 1), fueled by trapped sellers and liquidity above the structure.
📈 Possible Scenarios:
✅ Bullish Scenario:
Price breaks and closes above the descending trendline.
Interchange Zone flips to demand on a retest.
Targets $3.20 - $3.30, where the next supply zone lies.
❌ Bearish Scenario:
Rejection at the Interchange Zone and trendline.
Breakdown below $2.90 signals bearish continuation.
Price may test the Next Reversal Zone ($2.75 - $2.85). Failure here could lead to further downside.
🧠 MMC Insights:
Under the MMC framework, XRP is at a critical reflection point, where bulls and bears are set to clash. The clear diagonal trendline and defined liquidity zones make this setup ripe for potential manipulation traps and smart money plays.#ProjectCrypto #TrumpTariffs #MarketPullback #WhiteHouseDigitalAssetReport #FOMCMeeting $BTC $ETH $XRP