💥 The critical point for XRP has arrived! If it can't hold 3.08, will the market change?

XRP is currently fluctuating below 3.25, showing signs of a sideways consolidation. Be cautious in the short term, as it may break below the key support at 3.08.

Previously, it surged from 2.92 to 3.38, and after reaching a high, it began to retrace, even breaking below the support level of 3.20 and a contracting triangle. The current price is also pressured below the 100-hour moving average, indicating short-term weakness.

Looking upwards, if there is a rebound, resistance will first be at 3.20, followed by 3.22, 3.2650, 3.32, 3.35, and 3.45. Especially at 3.22, a breakthrough there would provide an opportunity for further upward movement.

Looking downwards, support is at 3.12 and 3.08. If 3.08 can't hold, it may accelerate a drop to around 3.02–3.00, and that might be when bulls will re-enter the market.

From an indicator perspective, MACD bearish momentum is still increasing, and RSI is below 50, indicating short-term weakness. It's best to keep an eye on the defensive level of 3.08.

The market changes rapidly, don’t just look at the price; consider key support and resistance levels. If the right direction is chosen, there is a chance for doubling. Brothers, please give a follow and a thumbs up 💪💪💪#CPI数据来袭