From the current market performance of XRP, the price stabilizing at the 3.10 level is a signal worth paying attention to, as it lays a relatively solid foundation for future trends.
From a technical analysis perspective, the MACD indicator has released a clear buy signal, which usually means that bullish forces may dominate in the short term, pushing the price upwards for testing. The RSI indicator fluctuates around 50, indicating that the market is neither overly enthusiastic nor showing clear signs of being oversold, with overall momentum in a healthy balance range. In this state, the price is more likely to steadily progress along the existing trend; therefore, a bullish outlook has certain rationality.
From an operational perspective, placing long positions near 3.10 and initially targeting 3.25 is a relatively prudent choice. 3.25 is not only a key resistance level in the recent period, but if it can be successfully broken, it means that market confidence will further strengthen, and upward space is expected to open up, at which point attention can be shifted to 3.40. However, it is also necessary to be wary of the risk of price pullbacks and to have a stop-loss plan in place to cope with potential market fluctuations.#xrp #Xrp🔥🔥 #美国7月PPI年率高于预期 #加密市场回调