$XRP Look at the XRP/USDT chart (H4) – What is noteworthy?

- Trading volume: Volume has increased slightly compared to previous sessions, but mainly from the selling side, as prices are falling, indicating that the sellers are still pushing hard.

- Bollinger Bands: The price is below the upper band (2.5003) and is being pushed down. If the price does not break the upper band, there will usually be a correction, which needs to be monitored.

- MACD: The MACD line is below the signal line, and the gap is widening, indicating that the downtrend is still present.

- RSI: RSI(14) is at 40.9655, showing that selling pressure is strong. With RSI this low, prices often continue to decline unless it rises above 50 with strong volume.

Price levels to watch:

- Support: The range of 2.2000-2.2500 USDT, close to the previous low (2.1875).

- Resistance: 2.5003, right at the upper Bollinger Bands.

Conclusion – Buy or wait?

XRP is in a correction phase, volume is increasing but due to selling pressure, MACD and RSI have not signaled a reversal yet. It may be wise to wait for the price to return to the range of 2.2000-2.2500 USDT, and if RSI rises above 50 and MACD crosses above the signal line, then consider entering a position. It is recommended to set a stop loss below 2.1800 USDT to protect capital, as this market is very volatile! This is just a personal opinion, please consider carefully before trading.