XRP Short-Term Movements Remain Uncertain, But 4-Hour Chart Shows Strength 📈
XRP's lower timeframe price action, specifically the 4-hour mark, is marked by erratic fluctuations with no clear directional bias. However, the 4-hour chart reveals a bullish structure, indicating potential momentum build-up.
Analyst Andrew Griffiths points to a decisive move toward the bullish order block between 2.3907 and 2.3277 as crucial. This price zone has historically seen buyer activity, but if sellers dominate, it could signal a market dynamic shift.
Broader market trends, including Bitcoin's dominance, suggest current weakness may be temporary. Griffiths highlights a strategic trade setup focused on reactions to the bullish order block, emphasizing the importance of waiting for market confirmations before entering positions.
Source: www.newsbtc.com ↗
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