XRP / TetherUS
Long

XRP/USDT (4H) — A look at the current situation

201
Hello, friends! 👋 Let’s analyze what’s happening with XRP on the 4-hour timeframe and what prospects lie ahead.

📈 Current Trend

Currently, XRP/USDT is showing signs of local growth after a pullback. We observe:
The price is breaking through local resistance around $2.40, consolidating slightly above.

Key zones:
• Strong support: $2.35 (green zone). The price tested this area and rebounded upward.
• Weak resistance: $2.46–$2.48. Breaking through this zone could pave the way to $2.60.

🔍 Signals from Indicators
1. Midas Multi Indicator shows confident Buy signals in the $2.35–$2.40 area. 💡
2. MACD (Midas Down) indicates a growing bullish momentum: lines have crossed upward, signaling buyer strength.
3. Volumes: Increased activity is observed — confirmation of buyer interest.

📊 Price Movement Forecast

• Probability of growth: 70%. If the price consolidates above $2.46, we may see a test of $2.60.
• Probability of decline: 30%. In case of a pullback, the key support level is at $2.35.

Justification: A reversal pattern is visible on the chart, and buyers are actively defending key levels.

💡 What am I doing?

• Waiting for consolidation above $2.46 to confirm the upward momentum.
• Considering entry points after a resistance breakout or on a support retest.

⚠️ Attention! Monitor the overall dynamics of the crypto market. Any unexpected news could affect XRP’s movement.

Did you enjoy the analysis? Support with a like and drop a rocket 🚀!
Follow to not miss the next updates 🔔

❓ Frequently Asked:
Which indicator do I trade on? It’s Midas Multi Indicator. Want to try it for free? Follow the link in my profile signature! 😉

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.