$XRP Here’s what I can observe from XRP/USDT 4-hour chart:

Price & Moving Averages

Current Price: $2.7442 (-1.24%)

EMA (7): 2.7419

EMA (25): 2.6811

EMA (99): 2.6351

EMA (199): 2.5556

Price is trading above the EMA (99) and EMA (199), which suggests a bullish trend in the medium to long term.

Volume & MACD

Volume: 13.1M (declining, indicating reduced momentum)

MACD: Histogram is in negative territory, suggesting possible weakness in the bullish momentum.

RSI & Stochastic RSI

RSI (6): 53.4065 → Neutral, neither overbought nor oversold.

Stoch RSI: 5.7560 → Near the oversold region, which could signal a potential bounce if buying pressure increases.

Key Observations

1. Recent High & Pullback: The price hit $2.8356, then retraced slightly. If it breaks above this level, we might see further upside.

2. Support Level: Around $2.63 - $2.65 (EMA 99 area).

3. Resistance Level: Around $2.85 - $2.86 (previous high).

4. Divergence Warning?: The MACD and declining volume suggest the bullish momentum is weakening.

Potential Trading Strategy

Bullish case: If price holds above $2.70 and volume picks up, XRP could retest the $2.83 - $2.85 resistance.

Bearish case: If price falls below $2.63, it might test $2.55 (EMA 199), which would be a critical support zone.