XRP Price Prediction: Critical Levels to Watch for Next Week!

XRP is one of the most prominent crypto assets in the world. However, the current market slump has been hard for the token. However, the token might have shown some traction in the last few days. At the time of writing, XRP is trading at $2.60 with a slight uptrend of 0.99%.  

Just a few hours back, XRP token performed a faux break of structure on the M15 timeframe. This has tapped the impatient buyers. After the BOS move, the price returns to the lower demand zone again. Therefore, the prevalent question is: what is next?  

Lower Demand vs Upper Supply  

Analysts claim the zone could illicit some reactions from the token and the market. However, the current price is hovering just over a liquidity level. If the market does decide to sweep that liquidity zone, there can be a final dip before any positive pricing movement. As a result, it will be crucial to stay patient. 

On the other hand, investors must keep a close eye on the strong supply zone above the current pricing. If the price does move upward, this supply zone is a key support zone and a decisive point that could decide how the next week will be. Therefore, the best way to approach this is to wait and watch. 

How To Approach XRP At the Moment 

As of now, do not rush into an XRP trade. Instead, the smarter thing to do now is to set alerts for the two pricing points we have listed here and wait for any sort of price action confirmation. There is no need to force a trade, as XRP could move either way. Subsequently, you must also remember that crypto is a dubious landscape that can change at the drop of a hat. Hence, patience is the key.