🚀 XRP/USDT 4-Hour Chart Analysis 🏆
Current Status
🔹 Price: $2.3588 (slightly below middle Bollinger Band at ~$2.3599)
📉 RSI: ~46 (Neutral zone, slightly bearish)
📈 Trend: Pullback from a high of $2.4844
🛡️ Support Level: ~$2.30–2.31 (wick touches + near MA support)
📉 Volume: Decreasing (momentum weakening)
📌 Interpretation
📉 The uptrend slowed after peaking near $2.48.
🧐 XRP is now testing the middle Bollinger Band & MA10 for support.
💥 Bounce Zone: If price holds above $2.30 and volume picks up → possible retest of $2.45–2.48.
❌ Bearish Risk: Closing below $2.30 with high sell volume → drop towards $2.21 or lower.
🎯 Trading Suggestion
✔️ Short-term bullish bias only if price holds above $2.30 and RSI jumps back above 50.
⚠️ Wait/Set Alerts near $2.30—if it breaks, trend could flip bearish.
🔥 Aggressive traders: Consider small long entries near $2.30 with tight stop-losses below $2.28.