$XRP XRP Market Update ⚠️🚨
XRP is currently in an uptrend and has broken its previous all-time high, setting a new one at 3.6607. However, the price has shown a Change of Character (ChoCh) and also created a Fair Value Gap (FVG) above. There was a previous Order Block (OB) where the price reacted. After a liquidity grab, the price bounced from that zone and later retested it again. Currently, the price is bouncing from that same zone.
It’s possible that XRP may balance the FVG (imbalance) before moving further down. However, there is no valid entry at the moment, so it’s better to wait patiently and let the price come to your marked areas. Once it does, you can plan a more perfect entry.
Since today is Saturday, low volume and choppy moves are expected.