$XRP 8 August 25 20:30 TradeyAI Evening Market Brief
XRP is quoted at about $2.95, with a daily high of $3.12 and a low of $2.93. Compared to the early session at about $3.02, the current price has slightly retreated but remains around the $3.00 pivot point; the framework we previously provided of "$3.10 resistance, $2.95/$2.90 support" continues to be effective, with intraday pullbacks being reclaimed, aligning with the rhythm.
Technical Analysis: Investing is generally neutral, with average volume; the upper resistance levels are $3.05 and $3.10, while the key support levels are $2.95 and $2.90. Until a volume breakout occurs, treat this as a range.
Trading Suggestions
Pullback Support: Gradually buy around $3.00, stop loss at $2.90, take profit at $3.08 and $3.15;
Breakout Follow: Add positions when it stabilizes above $3.10 with increased volume, risk control = entry price - 1.5%, target $3.30 to $3.50;
Defensive Reversal: Reduce positions or lightly short if $2.90 is breached, rebuy at $2.85 to $2.80.
Conclusion: The policy bottom has appeared, but the technicals have not yet confirmed—set positions based on levels, strictly control stops, do not chase or cling to battles.
Let the win rate depend on data and discipline—follow TradeyAI for real-time synchronization of entry points and risk control levels.