XRP Market Analysis: Short-term Bearish Outlook

From the four-hour timeframe, XRP's recent rebound momentum is clearly insufficient. The MA60 moving average forms obvious resistance at 2.1987, and the price has not even effectively突破2.1431 this relay resistance.

The technical indicators are also weak—MACD remains below the zero line, reflecting insufficient buying momentum; RSI hovers around 53.5, showing no effective upward trend. In terms of volume, this rebound clearly lacks increased capital participation, a typical false breakout pattern.

Based on comprehensive technical analysis, the current price around 2.1333 can consider a bearish approach, with the first target pointing to the previous low at 2.0650. This level has already formed a certain support base.

Of course, any trading decision should be made in conjunction with your own risk tolerance.