$XRP

XRP/USDT 4-HOUR CHART ANALYSIS 📈

1. Price Movement Overview 💹

•Current Price: $2.5758

•24H Low: $2.3333 | 24H High: $2.5977

•XRP shows a strong uptrend, with a massive breakout from lower levels. The price surged from $0.4860 to a peak of $2.9092, showing parabolic growth 📊.

2. Key Support & Resistance Levels 🛠️

•Support: $2.14 – This level shows clear price defense after dips.

•Resistance: $2.90 – The price faced rejection here, marking a local peak.

If XRP breaks $2.90, the next psychological resistance could be $3.00 🚀. However, failure to hold above $2.57 might test the $2.14 support.

3. Volume Analysis 🔍

•24H Volume (XRP): 673.51M

•Volume Increasing: The uptrend was supported by significant volume—an indicator of strength 💪. Keep an eye for declining volume at resistance, which could signal a reversal.

4. Trend Analysis 📊

•Uptrend Continuation: The higher highs and higher lows confirm an uptrend. 📈

•EMA/SMA Check: If XRP stays above moving averages (like EMA-50 or EMA-200), the uptrend can continue.

5. Next Steps: Trading Action 🚨

•Bullish Scenario: A clear breakout above $2.90 with volume could trigger a push to $3.00–$3.03.

•Bearish Scenario: If XRP loses $2.57, watch for $2.14 as a strong rebound zone 📉.

Conclusion for XRP 🔥

•XRP remains bullish but watch for a potential rejection at $2.90. A breakout could send XRP flying 🚀, but cautious traders should wait for confirmation above resistance.