#XRPETFIncoming?

XRP/USDT Analysis (4H Chart)

Key Observations:

Current Price: 3.0722 USDT

24H High/Low: 3.1544 / 3.0588

Moving Averages (MA):

MA(7) = 3.1029 (Short-term slightly bearish)

MA(25) = 3.0869 (Bearish crossover with MA7)

MA(99) = 3.1256 (Long-term resistance)

MACD Indicator:

DIF = 0.0038, DEA = 0.0054, MACD = -0.0017

MACD is slightly negative, indicating weak momentum.

KDJ Indicator:

K = 43.1696, D = 58.2727, J = 12.9633

J value is very low, indicating an oversold condition and possible reversal.

Volume:

18.29M XRP traded (lower than before), suggesting reduced buying pressure.

Conclusion: Hold or Sell?

Short-term Trend: Slightly bearish with price stabilizing around 3.07 USDT.

Momentum: Weak, but KDJ suggests an oversold condition, meaning a possible rebound.

Decision:

If you bought at a lower price, holding is reasonable as a small rebound is likely.

If you are in profit and uncertain, you can sell partially and re-enter at a lower price.

NFA DYOR#XRPETFIncoming? $XRP