27 Jan
27Jan

Good morning, traders! Welcome to today’s XRP/USD market update. Let’s dive right into the action-packed insights for January 27th, 2025. The current XRP price is $2.9838. Now, here’s everything you need to know.


Starting with order flow analysis, we’re seeing a strong support zone at $2.88 to $2.90, backed by significant whale accumulation and dense buy orders. However, sell walls are forming at $3.05, marking it as a short-term resistance. Beyond this, $3.15 stands out as a major resistance zone where liquidation spikes could fuel a further rally.


Aggregated heatmaps confirm this. Buy clusters are heavily concentrated near $2.90, while significant sell liquidity is stacked around $3.05 to $3.15. Watch these levels closely!


Now, let’s talk whale activity. On-chain data shows a 12% increase in large transactions over $500,000 this week. Whales are actively accumulating in the $2.85 to $2.95 range while partially taking profits near $3.00. This suggests strategic positioning ahead of the next big move.


Liquidation trends also paint a clear picture. Long liquidations were triggered near $2.92, while short liquidations around $3.05 could push XRP higher if that level breaks. Expect strong price action between these critical levels.


Now, here’s the exciting part: the forecast. Our system predicts the next bottom at $2.88, likely around January 30th at 12:00 GMT+1. The next top is projected at $3.15, expected by February 4th at 16:00 GMT+1. This aligns with a potential completion of an Elliott Wave structure, marking the end of this markup phase.


In summary, XRP is currently in a markup phase, with strong buy zones near $2.88 and a path to $3.15 if resistance at $3.05 is cleared. However, if $2.88 fails, we could see a markdown phase toward $2.75. Keep an eye on whale activity and liquidation spikes for confirmation.


That’s it for today’s XRP/USD market update. Stay sharp, stay informed, and as always, trade wisely. For more insights, visit Algo-Fund.com. See you tomorrow!

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