5.15 XRP brewing for a correction? Key support frequently tested!!!
After XRP has been consolidating at a high level, bullish momentum is gradually weakening, and bears are attempting to dominate short-term trends. From multiple cycles, the price has shown signs of weakening, and if key support is lost again, a new round of correction may occur.
This analysis starts from the daily, 4-hour, and 1-hour charts, combining Bollinger Bands, moving average systems, and MACD indicators to analyze market trends in detail and provide clear operational suggestions.
📉 Technical analysis
🔻 Daily level: Top formation is clearly dulling, trending bearish
XRP has continuously retreated after touching a high of 2.655; MACD shows a death cross at high levels, with green bars continuously expanding, and a top pattern has emerged at the daily level.
This analysis starts from the daily, 4-hour, and 1-hour charts, combining Bollinger Bands, moving average systems, and MACD indicators to analyze market trends in detail and provide clear operational suggestions.
📉 Technical analysis
🔻 Daily level: Top formation is clearly dulling, trending bearish
XRP has continuously retreated after touching a high of 2.655; MACD shows a death cross at high levels, with green bars continuously expanding, and a top pattern has emerged at the daily level.
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XRP
2.4242
-0.35%
AMP
0.004699
-0.38%
EPIC
1.493
-3.67%