7.18XPR

The early prices showed a relatively strong upward trend. In the direction indicated by the left red arrow, prices steadily increased and continued to reach new highs. In the earlier period, bullish forces dominated, pushing prices higher continuously. Recent trend analysis shows that after the price reached 3.6646, a noticeable pullback occurred, and the short-term bullish strength has weakened, while bearish forces have begun to gain strength. However, the current price is temporarily stabilizing around 3.5199, which is an important short-term support level. If the price continues to decline, the 3.0681 area below is a previous price accumulation zone and may form strong support.

If the price stabilizes around 3.5199, a light long position can be taken, with a stop loss set at 3.48 and a target aimed at 3.60 - 3.6646.

If the price rebounds to the 3.55 - 3.60 range, a light short position can be taken, with a stop loss set at 3.63 and a target aimed at 3.50 - 3.45. $XRP