8.11 Early Morning XRP Analysis
Recently, the positive news regarding the withdrawal of the XRP lawsuit has boosted market confidence, reinforcing the medium to long-term value logic. Looking at the 4-hour chart, the current price is in a short-term adjustment around 3.2, but the middle band of the Bollinger Bands provides support, and the trend for medium to long-term increase is favorable.
Operation Strategy
Enter long positions in the 3.18-3.15 range, targeting 3.25-3.30, with a wave target of 3.4
