$XRP - COIN ANALYSIS 🔥😱

Based on the provided chart for XRP/USDT on the 4-hour time frame,

Current Observations:

Key Levels:

Support: Around $0.88–$0.90 (recent consolidation level).

Resistance: Currently at $1.07, with potential to test $1.10–$1.12 (recent highs).

Bullish Targets:

1. Immediate Resistance: $1.10–$1.12.

2. Next Resistance: $1.20 (psychological level and likely liquidity zone).

3. Extended Bullish Target: $1.35 (if momentum sustains and breaks above key levels).

Bearish Targets:

1. Immediate Support: $0.88–$0.90.

2. Next Support Zone: $0.80–$0.82.

3. Key Bearish Level: $0.67–$0.70 (previous consolidation area).

Indicators to Watch:

Volume: High volumes confirm bullish momentum. Decreasing volume could indicate a slowdown.

RSI: Likely overbought in this scenario, suggesting potential pullbacks.

MACD: Check for signs of bearish divergence or crossovers for trend shifts.

Strategy:

For bulls, watch for a breakout above $1.10 with sustained volume.

For bears, watch for a breakdown below $0.88 as a sign of reversal.