❌$XRP /USDT Technical Analysis – Trend Shift or Just a Pullback❌
📉 Current observed Price: $2.2606
📆 Timeframes Used: 1H & 4H
📊 24H Drop: -1.13%
🔍 Technical Breakdown
📌 1H Chart Highlights:📊
Bearish crossover confirmed (EMA 20 < EMA 50), indicating short-term downtrend.
$XRP is unable to reclaim EMA resistance near $2.29.
MACD below zero, showing continuation of bearish momentum.
RSI 38.27 → oversold region approaching, but no clear bounce yet.
📌 4H Chart Observations:📊
$XRP Price currently testing support at EMA20 around $2.26.
If this level breaks, next key demand zone lies at $2.23–$2.18.
MACD histogram is fading – signal lines close to bearish crossover.
RSI 48.39 → heading towards 40 zone, indicating selling pressure is still active.
🧭 Trade Setup – Short Bias (1–2 Days)
🔺 Trend Bias: Bearish
🔸 Entry Zone: $2.26–2.28
🔸 Target-1: $2.23 (EMA50 zone)
🔸 Target-2: $2.18 (Demand support)
🔸 Stoploss: $2.30 (Above recent lower high and EMAs)
🧠 Pro Tip: Watch 1H MACD for crossover – any bullish divergence near $2.23 may trigger temporary bounce, else trend remains southbound.
📌 Summary:👨🏫
❌ EMA Cross = confirmed bearish signal
📉 MACD weakening & RSI slipping
⚠️ Eyes on $2.23 zone – a make-or-break level for bulls
💬 “Momentum doesn’t lie. Respect the trend until it gives you a reason not to.”
📢 This is not financial advice. Always DYOR (Do Your Own Research) before entering trades.
