Observing XRP from the 4-hour timeframe, the current coin price is 2.8068, which is close to the lower Bollinger Band. After a short-term decline, there is support gaming at this position; the middle Bollinger Band is the key resistance above, and the upper band is the pressure point of the previous rebound high.

From a technical perspective, the RSI indicator has recently entered the oversold range, suggesting that short-term downward momentum has been released, indicating a weak rebound demand; however, RSI12 and RSI24 are still at relatively low levels, reflecting an overall bearish trend after oversold correction. The KDJ three lines are all at low levels, with the J line showing signs of a turnaround, possibly brewing a weak rebound in the short term, but it is still within a bear-dominated range overall. The MACD green bars continue to expand, with bearish momentum still prevailing, but caution is needed for potential corrective rebounds brought by oversold conditions + MACD bullish divergence.

In the subsequent short-term market, it is in the oversold + support gaming phase after the decline. If the lower Bollinger Band is held, it may trigger a weak rebound, with the first rebound resistance looking at the middle Bollinger Band; if the lower band is broken, the bearish trend may continue, and attention should be paid to support at lower levels.

Overall, the current bearish trend has not completely reversed, and the probability of a rebound is more related to oversold correction. It is necessary to combine stabilization signals from smaller timeframes (like 1 hour) to assess participation value. $XRP