🚀 XRP Strong Follow-Up: Preparing for a New Rally? 🔥
📉 XRP/USDT Chart – 4 Hours (4H)
XRP shows continuity of the bullish trend, with candles aligned above the averages (EMA 7, 25, and 99). The asset is in slight correction after testing the resistance at $3.66 but continues to respect the bullish structure.
🧠 Technical Analysis:
📌 Trend: Clearly bullish, with ascending highs and lows.
📈 Chart Pattern: Possible consolidation in a bullish flag or formation of a “bull flag,” which usually precedes a new upward movement.
📊 Volume: Slightly declining during the consolidation — typical of a healthy pause after a price explosion.
🔽 Support Levels:
$3.41 → Immediate support, aligned with EMA(25)
$3.20 – $3.25 → Intermediate support
$2.90 – $3.00 → Strong support with previous consolidation base
🔼 Resistance to Overcome:
$3.66 → Recent local high
$3.90 – $4.00 → Psychological resistance and extended target
$4.20 → Projection target in case of a breakout
📊 Likely Scenario:
✅ Uptrend (more likely): If it stays above $3.40 with good volume, it may break $3.66 and seek new highs.
⚠️ Downtrend (less likely): Losing support at $3.20 could open space for correction to the $2.90–$3.00 region.
🔎 Summary:
XRP remains strong, but attention to the resistance at $3.66. If there is a breakout, the asset may aim for $4.00 soon.
📉 Safe entries may occur after short pullbacks to the EMAs with volume confirmation.
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📢 This analysis is educational in nature and does not constitute investment advice.
