Shocking Prediction! XRP is about to perform a 'V-shaped reversal' with unusual trading volume, retail investors should follow quickly!
The market is like a chess game; one misstep leads to constant anxiety. Today's XRP is a clear 'patient with obsession' — on the 1-hour chart, the price is stuck between the resistance level of 3.1275 and the support level of 2.7815, constantly rubbing back and forth. Both bulls and bears are fighting fiercely, but neither side has been able to deliver a decisive blow.
Technical Analysis:
Candlestick Interpretation: Recently, the candlesticks have been alternating red and green, with the bodies getting smaller, a typical 'constipation market', indicating that the market is waiting for a breakout.
Moving Average Drama: The 5-day and 10-day moving averages are getting twisted together, what about the short-term direction? Nonexistent! The MACD bars are 'lying flat' near the zero line, and the yellow and white lines are stuck together — this thing isn't planning to move at all today.
Fibonacci Mysticism: The purple retracement line is drawn quite beautifully, but the price is currently stuck around the 50% mark, with key levels above and below, breaking through either side could trigger a sell-off.
News Front:
Today's biggest news in the crypto world is that the US SEC suddenly targeted another exchange. Although XRP was not directly named, market sentiment has clearly 'shrunk' — large funds are on the sidelines. However, on-chain data is quite interesting: a certain whale address secretly hoarded 20 million XRP in the early morning, which coincides closely with the 2.78 support level, clearly indicating that someone wants to support the price.
What should retail investors do?
In this market, chasing after highs and cutting losses is just delivering takeout to the big players! Remember two points:
1. Play dead before breaking the level: If it stabilizes above the 3.13 resistance, consider following the trend; if it breaks through the 2.78 support, fasten your seatbelt.
2. Beware of 'fake moves': Especially pay attention to trading volume, a sudden increase in volume for a breakout is reliable, while a low-volume rise is just trickery.
Captain's Bold Statement:
The big players are definitely going to make a move this week—either they will use the SEC's wind to crash the market and liquidate leveraged longs, or they will suddenly pump the price to explode the shorts. But the monthly-level large triangle for XRP is nearing completion, and a big market movement is expected in September!
Want to know how the whale will position next? The next issue will analyze the on-chain capital battle for XRP.
There are no gods in the crypto world, only smart people who can read signals. Captain's articles do not boast or make empty promises, they only teach you practical survival skills. Follow @船长大哥 for daily strategies, and know in advance #xrp #美联储降息预期 #比特币远古巨鲸持续出清 #以太坊生态山寨币普涨