#AIAndGameFiBoom
Based on the 4-hour chart of XRP/USDT, several key signals can be identified for the price forecast for the upcoming week.
Technical Analysis:
1. EMA (Exponential Moving Averages):
• The price has confidently settled above all major EMAs (7, 25, 99), indicating a strong upward trend.
• EMA(7) acts as dynamic support, demonstrating a short-term bullish momentum.
2. MACD:
• The MACD indicator remains in the growth zone, showing a positive difference between the DIF and DEA lines. This signals the continuation of the upward movement.
3. RSI:
• The RSI is in the overbought zone (>70), which may lead to a short-term correction before the resumption of growth.
4. Trading Volumes:
• High volumes confirm market confidence and may contribute to the continuation of the rise.
Forecast:
If current conditions persist, XRP may test the resistance level of $2.00 next week. However, the overbought RSI may cause a short-term correction to $1.75. It is important for buyers to monitor the dynamics of the EMA and volumes to determine entry points.$XRP #
