The current price of XRP is oscillating around $2.981, just below the key psychological level of $3, with clear signs of short-term pressure. Here we quickly summarize the technical signals at the 4-hour level:

Bollinger Bands: The price is currently in the mid-lower band range, with a trend of contraction or downward inclination in the Bollinger Bands. The main resistance is at the $3.00-$3.05 range (near the upper band), while support is concentrated in the $2.90-$2.98 range (near the lower band), and the short-term downside risk is increasing.

MACD: Key attention is needed—there is already a bearish divergence signal at the weekly level, with upward momentum continuing to weaken, and the market is likely to enter a correction or sideways consolidation phase.

KDJ: The indicator performance is also weak; after a period of overbought at high levels, it has now shown a downward turning trend, and there is an urgent need to repair the indicator deviation through a correction in the short term.

Trading Volume: The imbalance between volume and price is prominent; during the recent rebound, trading volume has gradually shrunk, and under the condition of price-volume divergence, the rebound lacks sustained support.

Operational Suggestions: You may attempt to short with a light position in the $2.9874-$3.0113 range, targeting the $2.9578-$2.9141 range. It is particularly important to note that the current market volatility is fast-paced, and close attention must be paid to changes in the market, with strict control over operational risks.