DELU

Current price: near 2.067 USDT
Since XRP peaked at 2.45 in March, it has continued to decline; although it recently stopped falling and rebounded in the 1.61 area, the volume has not increased and the momentum is insufficient, the trend remains weak. The current price is at a critical time window for short-term directional choice, situated between structural resistance and support.
One-hour analysis: MA30 has become a key resistance line, unable to rebound multiple times; the 2.12 area is a baiting platform, which has not effectively broken through; the Bollinger Bands are opening and tilting downwards, indicating bearish momentum; trading volume is moderate, and the rebound lacks support from 'real money'.

Four-hour analysis: The head and shoulders structure has taken shape, currently in the right shoulder's downward probing stage; the moving average system shows a death cross downwards, continuing the bearish trend; the key support area is between 1.95-1.96, if broken, it will trigger accelerated selling; overall, it is in the rebound repair stage within a bearish oscillation structure.