XRP Battles 4-Hour Range, Bearish Momentum Threatens Deeper Support

XRP is currently trapped in a tight 4-hour range above key demand areas. However, a descending moving average acts as a cap on price momentum, hindering any potential breakout. A breakdown through the range midpoint and demand confirms continued bearish pressure. 4-Hour charts show a clear bear pattern with lower highs/lows, suggesting a deeper sell-off is likely if the downtrend continues. The lack of upward momentum has led to compressed candles with short bodies, indicating liquidity absorption. The next key support lies below this range. While XRP’s market cap remains strong above $120B, resistance at $180-$200B could act as a major turning point in the short-term outlook. A break above that level signals a potential rally into the $220-$240B zone. Conversely, losing that support could trigger deeper selling pressure and push XRP prices even lower.