$XRP

XRP/USDT 4H Chart Analysis 📊

1. Trend Overview 📈

•Peak: 2.9092 (Nov).

•Current Price: 2.1263 (-2.86%).

•Support Levels:

•2.1218: Immediate.

•1.2533: Major fallback.

•Resistance Levels:

•2.3: Immediate.

•2.9092: Key long-term.

Trend: Consolidating after a strong uptrend, forming a possible bullish flag.

2. Indicators Overview 🚦

•MA: Price below short-term MA (short-term bearish).

•Bollinger Bands: Near lower band → oversold.

•MACD: Bearish crossover → sellers in control.

•RSI: Near neutral to oversold → possible bounce.

3. Chart Pattern & Volume 🔍

•Pattern: Higher lows suggest bullish reversal potential.

•Volume: Declining → Market in accumulation phase.

4. Recommendations 🎯

•Short-Term: Buy if price reclaims 2.3, with a stop-loss below 2.12.

•Medium-Term: Wait for bullish MACD and RSI confirmation.

Sentiment 🌟:

Neutral-short term, bullish long-term unless 2.12 breaks.