**Technical Analysis of $XRP in 4H! 📈**
**Are You Ready for the Next Bullish Wave of Ripple?**
- **Current Price:** Around **$2.40 USD**.
**Key Indicators:**
- **Moving Averages:** The short-term trend is bullish, with the 5 and 10-day MAs below the current price, confirming strength in the trend.
- **Volume:** A significant increase in trading volume, signaling buyer interest and confirming the bullish trend.
- **RSI:** In overbought territory (70-75), indicating possible corrections or consolidations before moving higher. Caution!
- **MACD:** Clear bullish signals, with the MACD line crossing above the signal line - time to consider purchases.
**Patterns to Watch:**
- **Bullish Flag:** XRP is forming a bullish flag. Breaking $2.46 could drive the price towards **$2.87** or more.
- **Hidden Bullish Divergences:** In the Stochastic, suggest that the price still has room to rise after possible corrections.
**Levels to Monitor:**
- **Resistance:** **$2.46** - breaking it could confirm further rises.
- **Support:** **$2.12** - losing this level could signal a correction or trend change.
**Strategy:**
- **Long Term:** Hold positions with adjusted stops to protect gains. Add on resistance breakouts.
- **Risk Management:** With the RSI in overbought territory, consider entry points on minor corrections.
- **Diversification:** XRP is volatile; diversify to mitigate risks.
**Is XRP the Next to Have a Rally? Stay Alert!** $XRP