Brothers and sisters, stay alert! XRP is currently bouncing above the middle line of the Bollinger Bands, indicating that the bulls haven't surrendered! But this big mountain—2.2290 (first resistance level) is pressing down hard, and the price is bouncing like a yo-yo!
Can it break 2.2290?
Watch the volume! The current volume ratio has soared to 3.26 (normal is 1), indicating that funds are making moves. But the main force's orders are hidden; be wary of the operator playing 'false breakouts'! If there is a sudden surge in volume tonight, don't rush to chase—keep a close eye on the 2.1820 support! If it holds, then follow!
Can it reach 2.26 after breaking through?
It's possible! The second resistance level is around 2.2600, just 30 cents away from the first resistance level. But remember: breaking through consumes too much, and legs may get weak halfway! As long as it pulls back and doesn't drop below 2.2290 to become support (standing firm), it can continue to push!
Critical question: Stabilize OR flash crash?
Watch for three signals:
The maximum transaction price in the dark area is around 2.26; selling pressure at this position can be deadly!
Can the MACD bars turn higher?
Did it break below 2.1820? Hurry and run! Below 2.1200 is the last escape door!
Summary of bold statements:
Playing XRP now is like dancing on the edge of a knife! If it breaks 2.2290, beware of traps! If it really stabilizes, you can sneak a profit at 2.26, but once you make a profit, don't be greedy! If it breaks below 2.18? No hesitation, cut losses! Remember the mantra: Break pressure with volume, pull back to stand firm before entering, and if there's a volume stagnation, dump your holdings!
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