📊 XRP/USDT – 4H Technical Analysis

Current Price: 2.0872

24h High: 2.1780

24h Low: 2.0459

Trend Timeframe: 4-hour

🔍 1. Market Structure

XRP recently rejected from the 2.1780 resistance, which means sellers are still active at higher levels.

Price is currently holding above 2.05 support zone, but struggling to break above the MA(99) (purple line), which is acting as dynamic resistance.

Recent strong candle shows buying pressure, but follow-through is currently weak.

📈 2. Moving Averages

MA(7) (yellow) is slightly above current price → short-term momentum weakening.

MA(25) (pink) is flat → sideways range.

MA(99) (purple) is above price and pushing downward → major resistance zone.

Interpretation:

Price is stuck between MA(25) support and MA(99) resistance, indicating a squeeze before a bigger move.

🔑 3. Key Levels

Support Zones

2.0500 – 2.0600 (strong support)

1.9835 (major swing low)

Resistance Zones

2.1200 – 2.1500 (immediate resistance)

2.1780 (24h high / strong rejection zone)

2.2190 (major top)

📊 4. Volume Analysis

Increasing green volume recently shows buyers active, but not enough to break the higher resistance.

Big green spike earlier indicates institutional buy, but follow-up failed → market is waiting.

📌 5. Expected Move

Bullish Scenario (If price stays above 2.06)

Break above 2.12 → fast move toward 2.15 – 2.18.

If 2.178 breaks → target 2.22.

Bearish scenario (If price breaks below 2.05)

Price may fall back to

2.00 → 1.98 strong support.

🎯 My Suggestion (Not financial advice)

Long Entry Zone:

2.056 – 2.075

Targets:

TP1: 2.120

TP2: 2.150

TP3: 2.178

Stop-Loss:

2.030 (below support)