Brief Trading Analysis for XRP/USD
And the upcoming price: Down or Up by the end of the day
XRP/USDT
Prediction for the end of the day: Up or Down through the 4-hour time frame?
- **Technical signals lean towards neutrality with a slight upward bias**: The price is stable above the averages, and the RSI is in a positive zone, with no strong signs of overbought or oversold conditions.
- If the price remains above $2.20 with an increase in trading volume, we may witness an attempt to test the resistance at $2.30 again.
- If the price loses the $2.20 level with a decline in liquidity, it may head to test the support at $2.17.
**Summary:**
The likely trend until the end of the day is stability with a slight upward bias, provided the price stays above $2.20 and trading volumes increase. Breaking the $2.20 support could change the scenario to a limited downward movement towards $2.17[1].
> This analysis is not considered investment advice.