8.20 Morning XRP Market Analysis

XRP is still a good little brother, following the mainstream, currently fluctuating around 2.90. Looking at the one-hour and four-hour levels, there is no sign of a bottom divergence. The Bollinger Bands are closing at the lower band, and it is still in a downward trend of fluctuation.

A rebound around 2.94 can continue to pursue a short position.

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