Xu Xu Baby Talks About Coins 8.21 Morning XRP Analysis

From the 4H level, XRP has been repeatedly resisted near 3.00, showing significant short-term pressure; the upper Bollinger Band is pressing at 3.05, and the current price is running between the middle and upper bands, indicating that bullish momentum is still present but facing strong resistance. In terms of moving averages, MA10 is slightly above MA30, maintaining a short-term bullish structure, but MA5 is flattening, showing a lack of upward strength.

In terms of indicators, MACD is operating above the zero axis, but the red histogram momentum is decreasing, and the fast and slow lines are tending to converge, suggesting that the short-term may enter a consolidation phase; RSI is around 61, in a relatively high range, indicating some short-term pullback pressure. Looking at the volume, the increase is accompanied by a decrease in volume, indicating that buying funds are cautious.

Support below is focused on the 2.90–2.85 range; if broken, it may test 2.80. Resistance above is at 3.00–3.05; if it breaks and stabilizes with volume, there is hope for further impact at 3.20–3.25.

Strategy Suggestions:

Conservatives: Wait for stabilization at 2.90–2.85 before considering low long positions, target 3.00–3.05, stop loss at 2.83.

Aggressives: Light positions to short in the 2.99–3.00 area, defend at 3.05, target 2.90–2.85.

If there is a strong breakthrough and stabilization at 3.05, then the bearish outlook can be paused, aiming upward at 3.20–3.25.

Overall, XRP maintains a slightly strong oscillation pattern in the short term, primarily focusing on range trading, going with the trend, and paying attention to position control and defense.

Friends who don't understand the trend direction can pay more attention to the daily shared directional strategies from the teacher, check the homepage!