XRP/USDT Bearish Setup: Is the Rally Losing Momentum?
The XRP/USDT pair is showing signs of bearish pressure on the 4-hour chart. Despite a brief consolidation near the 2.06–2.08 zone, the price has failed to break above resistance at 2.0851, suggesting a potential short-term reversal.
Technical indicators are lining up with this bearish sentiment:
MACD is crossing below the signal line with a flattening histogram, hinting at weakening bullish momentum.
RSI is at 45.04, below the neutral 50 level, further confirming sellers’ control.
A short trade setup is identified with an entry at 2.0633, targeting 2.0240, and a stop loss at 2.1023, giving a favorable risk/reward ratio of 3.27.
As long as XRP fails to reclaim the 2.0851 resistance zone with volume, downside continuation remains the higher probability. Short-term traders may look to capitalize on this structure while managing risk closely.
Disclaimer: This is not financial advice. Always do your own research.