This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
### XRP/USDT 4-Hour Trading Analysis & Setup
**Current Price:** 2.9600 (-5.44% in the last 4h)
**Trend:** **Bearish** (price below all key EMAs, oversold RSI)
**Key Indicators:**
- **EMA(9):** 3.0404 (resistance)
- **EMA(30):** 3.1039 (strong resistance)
- **EMA(45):** 3.1207
- **RSI(14):** 29.92 (**oversold**, potential reversal signal)
- **Support Levels:** 2.8585 → 2.8523 (critical)
- **Volume:** Declining (lack of bullish conviction).
#trump xrp bnb
### **Trading Plan for Next 4 Hours**
#### ✅ **Scenario 1: Bearish Continuation (High Probability)**
- **Entry:** Short at **2.9550–2.9600** (break below current consolidation).
- **Targets:**
- Take Profit 1 (TP1): **2.9000** (psychological support)
- Take Profit 2 (TP2): **2.8585** (RSI-based support).
- **Stop Loss (SL):** **3.0100** (above EMA(9)/recent swing high).
- **Why?**
- Price is trapped below all EMAs (downtrend confirmed).
- RSI is oversold but not reversing yet—momentum favors bears.