From the four-hour level of XRP, the BOLL channel continues to open downward, with the price weakly sliding along the lower band, and the short positions atmosphere remains strong. After the MACD death cross, the two lines are firmly pressed below the zero axis, with momentum not yet showing any expansion, and the long positions counterattack is weak.



Despite a slight rebound during the session, the upper middle band forms a clear resistance, and the pressure from the previous high point has not yet been broken, resulting in a weak market sentiment. The current trend resembles a technical correction in a downtrend rather than a trend reversal.

In terms of operations, it is recommended to lightly position short positions in the range of 2.83 - 2.85, with a stop loss set above 2.90, and target the lower range of 2.75 - 2.70. Closely follow the technical resistance levels and take advantage of short-term pullback trends, focusing on short positions with quick entries and exits.
$XRP #美联储降息预期升温 #贝莱德连续七周增持BTC
XRP-1,38%
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