XRPUSDT → Hunting for liquidity ahead of a possible decline
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XRPUSDT is forming a downward market structure after a false breakout of global resistance. Bitcoin is in a correction phase and, after a slight rebound, may continue its movement...Bitcoin has entered the sell zone. The price is consolidating below the global consolidation boundary of 115,500 during the retest, and if Bitcoin continues to decline, this could trigger a downward movement across the entire cryptocurrency market.
XRP is forming a bearish market structure. After capturing liquidity and a false breakout of resistance, the price is returning to a bearish trading range. There is no potential for continued growth at this time. A consolidation of the price below 3.00 - 2.996 could trigger further sell-offs.Resistance levels: 2.996, 3.050, 3.181
Support levels: 2.996, 2.891, 2.74The local bearish structure will be broken if the price starts to rise, breaks 3.050, and consolidates above it. In this case, XRP may test 3.181 before falling further.
At the moment, after a false breakout of resistance, the price is consolidating in the selling zone, and the downward movement may continue. I consider 2.74 - 2.655 to be the zone of interest in the medium term.
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The current XRP/USDT market structure clearly suggests a hunt for liquidity near upper resistance levels. This often means that major players are pushing price upwards to trigger retail traders’ stop-losses, creating ideal entry points for themselves. Such price action typically precedes a sharp drop, as liquidity is gathered before a market reversal.
If price gets rejected around the 0.65–0.67 zone and we also notice a decline in volume, it could signal the start of selling pressure. On the other hand, if this level is broken and price stabilizes above it, a new uptrend might be in play. However, based on the current structure, the presence of bearish divergence and a clear liquidity sweep suggest a possible upcoming dump.
🧠 It’s wise not to blindly buy or sell right now. Instead, observe price action carefully along with structure and volume before making any decisions. -
️ XRP/USDT is currently showing signs of a classic liquidity hunt or stop-loss sweep. When price aggressively moves up and instantly gets rejected, it's often a strategy by market makers to trigger stop-losses placed above recent highs. Once that liquidity is grabbed, the price tends to reverse sharply, trapping late buyers and triggering sell-offs.
From a technical point of view, if RSI and OBV are showing divergence, it strengthens the bearish case. Additionally, if a Break of Structure (BoS) is observed on the 4H or daily timeframe, it would confirm a possible trend shift.
This is the kind of phase where patience pays. One bad decision in this zone could result in heavy losses. So if you’re trading, make sure you’re identifying levels properly and waiting for real confirmations.