XRP is trading at $2.0590, down 1.37% in the last 4 hours. The 4-hour chart shows price consolidating between the 20-day simple moving average (SMA) at $2.0707 and lower Bollinger Band support at $2.0448. With shrinking Bollinger Bands, volatility is fading, hinting at a brewing breakout . Price action is range-bound, with no dominant momentum yet. This indecision signals traders are waiting for a directional trigger, likely to come soon. 4-Hour MACD Shows Weak Momentum and Buyer Hesitation The MACD (12, 26) on the 4-hour chart is flat lining, with the MACD line slightly below the signal line and histogram bars hovering near zero. This reflects a weak trend, with neither buyers nor sellers fully in control. The fading green bars show that buying pressure is losing steam, and unless volume picks up, the market may remain stagnant. However, the setup also suggests that the next breakout, once it arrives, could be sharp due to the prolonged buildup. 1-Hour Chart Reveals Bearish Tilt Amid Sideways Action In the 1-hour timeframe, XRP trades within a narrow band between $2.04 and $2.07. Recent candles show lower highs and frequent touches at the lower Bollinger Band, signaling slight bearish pressure. The MACD remains beneath the zero line, reinforcing short-term downside bias. Still, volume remains light, and there’s no aggressive selling. This setup often indicates quiet accumulation. Traders should stay alert for a break above the 20-SMA, which could flip short-term sentiment bullish. 15-Minute Chart Builds Pressure for Explosive Move The 15-minute chart shows classic signs of compression . Bollinger Bands are extremely tight, and the price is locked between $2.05 and $2.06, moving within a narrow channel. The MACD lines are converging, with the histogram flat (a sign of pure market indecision). Such tight ranges often lead to a sharp move in either direction. A volume spike will likely determine the breakout direction, making this timeframe crucial for scalpers and short-term traders. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Key Support and Resistance Zones to Watch Support lies at $2.0448, near the lower Bollinger Band on the 4-hour chart. A break below this level could drive XRP toward $2.01–$2.00, a critical psychological and technical support zone. Resistance stands at $2.0967. A clean move above this level, especially with volume confirmation, may open a rally toward $2.12. With the current price near mid-range, XRP remains vulnerable to both sides (highlighting the importance of breakout confirmation). Market Conditions and Sentiment Check The broader crypto market is consolidating, and XRP is reflecting that mood. Bitcoin’s sideways action is stalling altcoin momentum, while no major news has stirred XRP-specific interest. MACD readings across timeframes confirm a lack of conviction, but that doesn’t negate potential. Often, periods like these are followed by high-impact moves. Traders should remain watchful, especially as low volatility across the board hints at an upcoming shift. 8-Hour Price Prediction: Breakout Watch Given current conditions, XRP is projected to trade between $2.04 and $2.08 over the next 8 hours. A break below $2.0448 could see XRP test the $2.00–$2.01 zone. On the flip side, if the price climbs above $2.07 with strong volume, it could target $2.10–$2.12. All indicators point to an imminent breakout. The direction depends on who takes control first (buyers or sellers). Watch the 15-minute chart closely for the earliest signals. For clear, reliable, and timely crypto forecasts, stay connected with us daily. Bookmark this site and get the edge with expert XRP and altcoin analysis tailored for every type of trader. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Eyes Major Move Within The Next 8 Hours appeared first on Times Tabloid .
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