$XRP Here is he breakdown of the four hour chart of XRP!
Price action & Moving Averages (MAs):
Price is currently at 2.9210, pressing against the MA100 (2.8867) and just below the MA150 (2.9263).
Next strong resistance is the MA200 (2.9952) which is near the psychological level of 3.00.
The recent candles show strong bullish momentum, closing above the MA50 (2.8239), which suggests a short-term trend reversal.
Volume:
Noticeable increase in green volume bars during the recent up-move → signals buyers stepping in with conviction.
RSI & Stochastic:
RSI(6) = 75.7 → Overbought in the very short-term.
RSI(14) = 64.2 → Still in healthy bullish territory.
Stochastic RSI = 91.4 (very high) → Suggests market is near short-term exhaustion.
MACD:
MACD line is above signal line, histogram turning green → bullish momentum strengthening.
---
📊 Prediction (4H outlook)
Bullish case (higher probability):
XRP is likely to test the MA150 (~2.93) and if broken, push toward 3.00 / MA200 (2.995). A break and close above $3.00 would open the door for a run to 3.10–3.15.
Bearish case (short-term pullback):
Since RSI and Stoch RSI are in overbought territory, there could be a retracement toward 2.87 (MA100) or 2.83 (MA50) before another leg higher.
---
✅ Summary:
Momentum is bullish, but overbought signals suggest a possible short-term pullback before continuation. As long as XRP stays above 2.82–2.85 support zone, the mid-term bias remains up with eyes on 3.00–3.15.