📊 XRP/USDT 4H Chart Analysis Testing Strong Resistance

XRP is currently trading around $2.986, showing strong bullish momentum after rebounding from the recent low of $2.8655. Buyers have stepped in consistently, pushing the price above short-term resistance levels and signaling renewed confidence in the market.

On the moving averages, the 50 EMA ($2.853) and 50 MA ($2.862) are now acting as strong support, keeping the bullish structure intact. More importantly, XRP is approaching a critical zone – the 200 EMA ($2.949) and 200 MA ($2.994). Historically, this area has acted as a key resistance barrier, and the market’s next move depends on whether bulls can break above this level with volume.

If XRP manages a clean breakout above $3.00, it could unlock a new wave of buying pressure. The next upside targets would be $3.10, followed by $3.25 in the short term. On the flip side, if price gets rejected around $2.99–$3.00, we may see a pullback toward $2.90–$2.88. A deeper correction could retest $2.85 support.

Volume is showing signs of strength, with green buying bars increasing, suggesting bullish pressure is building. Still, a decisive move above $3.00 psychological resistance is required to confirm a strong trend reversal.

In summary, XRP is showing bullish momentum and is at a make-or-break point. A breakout above $3.00 could accelerate the rally, while rejection may trigger a short-term correction. Traders should closely watch this level before making entries.

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