Xuxu Baby Discusses XRP Ripple Coin Short-term Trend Analysis
From the current technical structure, the bottom support system of XRP shows strong resilience, with the lower bound of the previous consolidation range resonating with the short-term trend support line, providing effective support for the price.
On the operational level, it is important to pay close attention to the validity of the support around 3.18: if the price retraces to this area and shows signs of stabilization (such as small K-line closing in the positive, or moderate volume increase after a decrease), it can be seen as an opportunity to position for a long position. The first upward target is 3.25, which is not only the upper bound of the recent consolidation range but also a key watershed in the short-term bull-bear game. A breakthrough is expected to open up further upward space, with subsequent attention to the resistance in the 3.30-3.35 range.
If the 3.18 support is unexpectedly lost, one must be cautious of the risk of a deeper short-term correction. Below, it is essential to closely observe the strength of the second support in the 3.10-3.12 area; if this range can hold, the overall upward consolidation structure can continue; otherwise, it will be necessary to reassess the strength of the trend.
