XRP/USDT 4H Chart Analysis – Quick & Powerful Insight
XRP is showing strong signs of a bullish reversal! The current price is $2.1118, up +1.33%, breaking through recent consolidation.
Key Highlights:
• Bounce from Support: Price rebounded sharply from the $2.0355 support zone, forming a strong green candle.
• RSI Power: RSI(6) is at 70.17, indicating bullish momentum and approaching overbought territory — a breakout could be imminent.
• Volume Surge: A noticeable increase in volume confirms buying pressure.
How to Profit:
1. Buy on Pullbacks: Wait for a small dip near $2.08–$2.10 as a low-risk entry.
2. Target Zones: First target at $2.18 (previous high), next at $2.22–$2.25 if momentum continues.
3. Set a Stop-Loss: Below $2.03 to protect against downside.
Bonus Tip: Watch RSI(6) — if it cools down while price holds, it’s a great signal for continuation.
