XRP/USDT 4-hour chart indicates short-term bullish momentum, with the price trending above the DEMA and SAR indicators suggesting buying pressure. However, narrow Bollinger Bands and close balance in buy-sell pressure indicate that the price could be nearing a breakout.
Keep an eye on key resistance levels around $0.544 and support around $0.528. If the price breaks through $0.544, it could continue upward; however, failure to hold above support could trigger a retracement.
If you’re considering an entry, be cautious of these support/resistance zones and watch for any significant volume changes that could confirm the breakout direction.