XRP 4-Hour Technical Analysis

The downward trend formed by eight consecutive bearish candles has been temporarily interrupted by a bullish candle, but this is more likely to be a technical rebound rather than a trend reversal, which can be seen as a second short-selling opportunity provided by the market.

Operation suggestion:

Entry strategy: Enter short positions when the price rebounds above 2.95.

Target profit: The downward targets are sequentially set at 2.70 and 2.40.

Risk warning: Closely monitor whether the price can effectively break through key resistance levels and manage positions carefully #Xrp🔥🔥