š XRPUSDT 4H Analysis ā Market Showing Early Signs of Recovery
XRPUSDT is currently trading around $2.0379, showing a mild +1.18% intraday gain. After a strong rejection from the recent high at $2.1774, the market corrected down to $1.9740, which is now acting as a short-term support zone.
š Market Structure
On the 4-hour time frame, XRP is attempting to build a recovery after a period of selling pressure. Multiple green candles indicate buyers are slowly stepping back in, trying to reclaim momentum.
24h High: $2.0559
24h Low: $1.9740
Current Price: $2.0379
Order Flow: 54% buyers vs 46% sellers ā showing slight bullish dominance.
š Technical Outlook
The recent decline towards $1.9740 formed a potential higher low, suggesting the market may attempt a trend reversal.
If XRP breaks above $2.0533, continuation toward the $2.10ā$2.14 resistance zone becomes likely.
On the downside, a failure to hold above $1.98 may push the price back toward $1.95.
š® Trend Bias
At the moment, XRP remains neutral to slightly bullish, with early signs of strength but no confirmed breakout yet. Traders should monitor volatility closely in the upcoming sessions.
ā ļø Risk Reminder
This analysis is for educational purposes. I am not a financial advisor. Always conduct your own research before investing your money.
