XRP's performance in the early morning looks like there will be a small rebound first, but after the rebound, it is expected to go down again.

Why do I make this judgment? Looking at it now, the strength of the rebound is actually average. Once it approaches around 3.12, it is highly likely that it won't go up further; this position is considered a short-term minor resistance.

So in terms of operation, if it really rebounds to around 3.12, it might be worth considering a short position.

As for the target, first look at the 3 mark. This area has been tested several times recently, and if it drops to that level, there could be considerable space. If things go smoothly and it breaks below 3, then the next target should be around 2.9, where the profits would be even more apparent.

Of course, the market in the early morning can change quickly, so if you do decide to act, make sure to set a stop-loss; don’t be careless. Taking a steady approach is more reliable. #xrp