Evening XRP Market Outlook and Trading Suggestions on August 25

Recently, the XRP candlestick chart shows a trend of 'gradually lower highs', clearly indicating that the price is in a weak correction phase; since August 23, the price has consistently failed to make an effective breakthrough at high levels, and the current market bearish pressure is relatively prominent. The short-term trading suggestion is to focus on setting long positions during pullbacks.

Specific Trading Suggestions

• Long Position Setup Range: XRP can set long positions in the range of 2.85-2.9

• Target Range: Aiming for the 3.02-3.07 area

• Core Logic: Enter based on the key support range after the pullback, using the unsuccessful high-level breakout range as a reference to capture short-term rebound opportunities. #ETH创历史新高 $BNB