XRP is currently facing bearish pressure on the 4-hour timeframe. The asset remains trapped beneath critical supply zones, with momentum showing notable weakness. Traders should keep a close eye on the support levels: 2.0649 serves as the first line, followed by 1.9874 and then 1.918 as deeper support. For short positions, the setup involves waiting for a modest bounce toward the 2.1126–2.1622 resistance range. Only when you see a clear rejection from this zone should you consider opening a position. Key profit targets to target include the 2.0049 level. This approach requires patience and discipline—don't force the trade if the rejection signals aren't convincing.
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XRP is currently facing bearish pressure on the 4-hour timeframe. The asset remains trapped beneath critical supply zones, with momentum showing notable weakness. Traders should keep a close eye on the support levels: 2.0649 serves as the first line, followed by 1.9874 and then 1.918 as deeper support. For short positions, the setup involves waiting for a modest bounce toward the 2.1126–2.1622 resistance range. Only when you see a clear rejection from this zone should you consider opening a position. Key profit targets to target include the 2.0049 level. This approach requires patience and discipline—don't force the trade if the rejection signals aren't convincing.