XRP Market Update:
XRP followed the broader market weakness, breaking down from the 1.90–1.95 resistance zone and sweeping liquidity near 1.50, where strong buyers stepped in. The long lower wick from 1.50 shows clear absorption and demand, not panic selling.
After the sweep, XRP bounced and is now consolidating around 1.65, forming higher lows on the lower timeframe. Price is still below major resistance and higher MAs, which means the market is recovering slowly, not trending yet.
My Take:
This move looks like a liquidity grab and reset, similar to BTC. What makes XRP interesting is that it continues to receive positive fundamental news and sentiment, which keeps buyers active even during market pullbacks.
If accumulation holds above 1.55–1.60, XRP could react strongly once overall market strength returns.
Question:
Does XRP front-run the market because of its fundamentals, or will it wait for BTC confirmation before a real pump?
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