XRP is showing signs of coming back after the recent crypto crash. Right now, it is trading around $2.38. Recently, the price dropped, but now it is starting to recover, and the market is showing positive signals for a possible rise.
On the 4-hour chart, XRP is trading just below the EMA 50, which is an important moving average that shows short-term trends. The $2.29 level is acting as strong support, keeping the price from falling further. On the upside, the $2.50 level is a key resistance. If XRP breaks above $2.50, it could continue to rise toward $2.71, which is about 17.65% higher than its current price.
Looking at RSI (Relative Strength Index) on the 4-hour chart, it has started to rise after being in the oversold zone. This shows that selling pressure is reducing and buyers are slowly stepping in. A rising RSI is a good sign that momentum is turning positive.
The MACD indicator is also about to give a positive signal. When this happens, it usually means that the market could move up, and more buyers may enter, pushing the price higher.
In short, XRP is forming a strong base. If it crosses $2.50 with good momentum, it can reach $2.71 in the coming sessions. On the other hand, if it drops below $2.29, the price may go lower, but for now, the trend looks bullish.
Overall, all signs point to XRP being ready for a short-term rise. The improving RSI, the MACD getting ready to turn positive, and support holding at $2.29 make it likely that XRP could climb 17.65% soon. Traders should watch the $2.50 level carefully because breaking it could start the next upward move.
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