XRP Traders Warn of Final Flush to $1.20 Before Bullish Reversal
Tech XRP Traders Warn of Final Flush to $1.20 Before Bullish ReversalPer analyst Cryptoinsightuk, XRP is likely to sweep down toward $1.20 in liquidity.Analyst CW argued that XRPs recent slide may not actually be from real selling pressure.CW said open interest and net long positions are still climbing, despite the price drops. XRP traders are sounding the alarm that there could be one more sharp drop before any real bullish move. Several XRP analysts on X pointed to rising risks as XRP continued struggling beneath key resistance levels around the $1.30-$1.40 zone. According to analyst Cryptoinsightuk, who said XRP has moved into what he calls deep liquidity zones on shorter timeframes. According to his analysis, in the short term, XRP is likely to sweep down toward $1.20 in liquidity before possibly bouncing back harder. Cryptoinsightuk called out the growing downside liquidity clusters showing up on the hourly charts, warning that markets often go after those zones before turning around. He also noted that XRP is oversold on the 4‑hour chart. For a perfect bullish setup, the analyst wants to see a final flush to $1.20, followed by a bullish divergence in which price hits a lower low while the RSI prints a higher low. That kind
