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From the 4-hour timeframe, XRP is currently trading around 2.32. The price has consistently been below the middle band of the Bollinger Bands at around 2.36, with insufficient upward momentum. The Bollinger Bands remain in a narrowing state, indicating a continuation of a weak consolidation pattern.



Although the MACD shows a slight bullish crossover below the zero line, the red histograms are shrinking, and the bullish momentum has not been effectively released. Trading volume has increased, but price gains are limited, suggesting persistent selling pressure above and that market funds are more inclined toward short-term speculation.

Personal suggestion: consider entering between 2.33 and 2.40, with a target downside of 2.26. If broken, watch for 2.18!
XRP-3.37%
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