๐ $XRP /USDT | 4H Technical Update
XRP is trading around $2.095, facing a short-term pullback after failing to hold above the $2.19 local high. Price is now sitting at a key decision zone.
๐ Technical Breakdown:
Price is hovering around MA(25) โ neutral short-term structure
MA(99) near $2.06 acting as strong dynamic support
Recent drop looks like a pullback after a rejection, not a full trend breakdown
Volume is declining โ selling pressure is easing
๐ Key Levels to Watch:
Resistance: $2.12 โ $2.16
Major Resistance: $2.19 โ $2.22
Support: $2.08 โ $2.06
Strong Support: $2.03 โ $2.00
๐ Bullish Scenario:
Holding above $2.06 and reclaiming $2.12 could set up another push toward $2.18โ2.20.
๐ Bearish Scenario:
A clean break below $2.06 may lead to a deeper retracement toward $2.03โ2.00.
โ ๏ธ Reminder: XRP is at a critical zone โ confirmation matters more than prediction here.
๐ฌ Whatโs your bias: bounce from support or continuation lower?
#XRP #XRPUSDT #Ripple #Perpetuals #CryptoTA $XRP
