Binance XRPUSDT 4h Trend Prediction

The current price is near the lower band of the Bollinger Bands, and the RSI6 is in an extremely oversold state, indicating a short-term rebound correction is needed. However, medium to long-term indicators such as RSI14, RSI24, and MACD still show overall weakness, with no obvious reversal signals. From the candlestick chart, the 4-hour structure experienced a rapid decline and has transitioned into consolidation, with multiple supports around 2.95-3.00, forming a significant oscillation zone. The MACD indicator remains in a death cross phase; although the green bars are slowing, the rebound momentum is limited, suggesting the price will find it difficult to reverse upwards directly. After a short-term correction, there is still a risk of retesting lower levels. Large traders' long positions are high, but active buying and selling are mostly selling orders, indicating cautious market sentiment and the possibility of oscillation and rebound within the range. In the short term, support is focused on 2.95-2.98 (S1 and the MA50~200 zones), with resistance at 3.10-3.17 (from the middle to the upper Bollinger Bands). It is expected that within the next 4 hours, the price will oscillate within the 2.95-3.10 range. Volatility has narrowed, trading volume is stabilizing, indicating the market is in a wait-and-see phase. Short-term trading is advised to be cautious with chasing gains or losses, favoring range-bound operations. If subsequent volume increases and indicators such as MACD and RSI turn upwards, a new directional trend may form; otherwise, the market will continue to oscillate within a narrow range.