1. Daily Technical Analysis (1D) Moving Average System: MA7 and MA30 have shown signs of convergence during the high pullback process, but the price remains stable above MA100, and the trend has not been broken.
BBI Indicator: Currently at 2.1984, XRP price has risen above BBI, indicating short-term price stabilization, and bulls have regained control.
MACD Indicator: The fast and slow lines are attempting a golden cross at the bottom, with red bars gradually increasing in volume, indicating that rebound momentum is brewing.
2. Four Hour Structural Analysis (4H) Technical Rhythm: After falling from a high of 2.3622 to around 2.08, a V-shaped rebound structure has formed, and the K line is in the stabilization process of the right shoulder.
Moving Average Structure: MA7 has crossed above MA30 and is gradually diverging, with the current short-term support shifting up to the 2.20-2.205 range.
3. One Hour Momentum Assessment (1H) Short-term Trend: After a dip to 2.08, the price quickly recovered, forming a small double bottom structure with strong short-term rebound desires.
BBI Indicator: Current support is around 2.198, and XRP has stabilized above it, indicating a high probability of continued short-term rebound.
The small cycle has sufficient energy buildup; if the support at 2.198 is not broken, it is expected to challenge the 2.24 and above area within today.
Opening Range 2.205 ~ 2.215 —— Gradually layout in small pullbacks to avoid chasing risks.
First Take Profit Level 2.248
Second Take Profit Level 2.268
Stop Loss Level 2.169
#xrp #BSW #VOXEL #FLM #AIOT $XRP $BSW $VOXEL
