$XRP XRP August 25th 20:30 TradeyAI Evening Market Update
XRP is quoted at $2.95, with an intraday high of $3.12 and a low of $2.93. Compared to the morning price of about $3.02, the current price has slightly retreated but still oscillates around the pivot of $3.00; our previously provided framework of "$3.10 resistance, $2.95/$2.90 support" remains valid. The market has bounced back upon retesting, and the rhythm is consistent.
Technical Analysis: Investing shows a generally neutral bias with average trading volume; the strong resistance levels are $3.05 and $3.10, while the key support levels are $2.95 and $2.90. Until a breakout with substantial volume occurs, we treat this as a range-bound scenario.
Trading Suggestions
Buying on Dips: Gradually buy around $3.00, with a stop-loss at $2.90 and take-profit targets at $3.08 and $3.15;
Following Breakouts: If it stabilizes above $3.10 with increased volume, add more, risk control = entry price - 1.5%, target $3.30 to $3.50;
Defensive Reversal: If it falls below $2.90, reduce positions or lightly short, and cover at $2.85 to $2.80.
Conclusion: The policy bottom has been established, but the technicals have not confirmed—position sizing should be determined by levels, and strict stop-losses must be maintained; do not chase or cling to trades.
Leave the win rate to data and discipline—follow TradeyAI for real-time synchronization of entry and exit points as well as risk control levels.