Headline: š $XRP Eyeing a Long Setup? 4H Chart Analysis
Analysis:
Looking at theĀ XRPUSDT PerpetualĀ chart on the 4H timeframe, price is currently consolidating aroundĀ $1.4281. After testing the recent low atĀ $1.4135, we are seeing smallĀ green candlesĀ beginning to form, indicating buyers are stepping back in.
Key Indicators:
Price:Ā Holding steady at $1.4281.Moving Averages:Ā The MA(7) is currently at 1.4220, acting as immediate support.Volume:Ā We see steady activity with a 24h volume around 37.30M USDT, suggesting active participation.
Long Potential:
If the price remains above theĀ MA(7) support, we could see a push back toward the local high ofĀ $1.4636. Institutional sentiment remains a major driver for 2026 targets.
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Can recover to previous high!š