$B just touched the $1 zone, and honestly, the 4H chart still looks weak.
We’ve seen 7 red candles in the last 12, while price is trading below the short-term EMAs. The bearish FVG around $1.0254–$1.0300 is still acting as strong resistance.
Funding is negative, but the Long/Short ratio is above 3 — meaning a lot of traders are still betting on a bounce. That could make things interesting if support breaks.
The Volume POC is sitting around $1.0383, while price remains well below it. RSI is near 30.80, showing oversold conditions, but there’s still no clear reversal signal.
👀 My levels:
➡️ Reclaim $1.03 on a 4H close = bullish structure starts improving
➡️ Lose $0.98 = $0.88 could become the next major liquidity zone
➡️ A decisive 4H close above $1.036 would invalidate this bearish setup
For now, my view is simple: $XRP still looks heavy unless it can reclaim that $1.03–$1.036 area.
What level are YOU watching on XRP? 👇
⚠️ Not financial advice. DYOR.
#XRP #Ripple #Crypto #BinanceSquare$$