$XRP price has stabilized around $3.1 after a volatile drop earlier in the session, bouncing off the 200 EMA on the 4-hour chart. The rejection near $3.32 (0.618 Fib level) triggered a pullback, but positive spot inflows suggest potential recovery.
Key resistance sits at $3.20–$3.21 (mid-Bollinger Band and EMAs), while support holds at $3.04 (200 EMA). A break above resistance could retest $3.32, while losing $3.04 may push price toward $2.93.
The 4-hour RSI (52) and MACD hint at a possible bullish reversal, but overhead supply remains a challenge. For now, the market is neutral, awaiting confirmation of the next directional move.
