【$XRP ｜August 22 09:30｜TradeyAI Morning Market Professional Commentary】
Dear veterans of the crypto world, wake up! XRP today is just playing out an old script of "opening rebound to weak breakthrough then falling back to test support". The price is currently hovering around $2.85, accurately captured by yesterday's analysis. Short-term sentiment has not yet shifted; do not mistake yesterday's slight rebound as a sign of recovery—bullish volume is insufficient, and selling pressure remains. It is best to stay alert.
Technically, "$2.80 to $2.85" is the watershed that must be defended today. Once lost, a short-term downward probing signal will be evident, with potential targets possibly pointing to "$2.70 or even lower". If maintained, a rebound is expected, but do not fantasize about reclaiming $3 immediately; breakthrough of $2.90 is the preliminary stabilization signal.
Operation suggestions:
* Conservatives: You may lightly test the waters within the $2.80 to $2.85 range, with a stop-loss suggested below $2.75. If support is successfully maintained, short-term rebounds can take profit up to $2.95 to $3.00; if it breaks down, decisively stop loss, remember risk control.
* Aggressives: If you already see policy expectations and compliance benefits as sleeping gold mines, you can gradually build a position near $2.85, but be sure to strictly set stop-loss to $2.80 to $2.75. Target $3.05 to $3.10, and after confirming buying energy support, increase the position to break key resistance.
Final note—XRP today is not the starting point of a bull market reversal, but rather the "eve of bottom testing". Smart traders do not shout bull market but steadily buy low and sell high in the support area, waiting for a breakout signal. It’s not the strategy that loses money, but the tricks. Rational moves are the essence of a winner.
