1/ 🚨 $XRP 4H Technical #analysis :

The price is currently consolidating around $2.0878, with a bearish bias. Here are the key points and strategies👇

2/ Trend Overview

#xrp surged from $1.0774 to $2.9066 before pulling back.
The price is below short-term and long-term MAs (MA7/MA25/MA99), indicating short-term downward pressure.

3/ Key Levels

Support: Strong support at $2.00. A breakdown could lead to $1.80.
Resistance: Key resistance in the $2.30-$2.40 zone. A breakout above this could target $2.60-$2.70.

4/ Trading Strategies

Short-term: If $2.00 support holds, consider buying with a target of $2.30-$2.40. If it breaks, shorting with a target of $1.80 could be an option.
Mid-term: Go long if the price breaks above $2.30-$2.40, with a target beyond $2.60.

5/ Reminder: Manage risk with proper position sizing and set stop-losses near key levels. Watch for volume changes ⚠️

👉 The market sentiment is currently neutral, and a breakout or breakdown could signal a clearer trend direction! $XRP $Crypto