Family, today Hao Ge is here to have a good chat about XRP Ripple, analyzing its price movements from the technical perspective, on-chain data, and fundamental analysis.

First, let's talk about the key support level; the $2.72 mark has been a strong support level tested multiple times recently, much like a solid defense line. If this defense line cannot hold, the price might slide down quickly to $2.60, which was the low in July. Further down, the $2.10 level is even more critical, as it is both the 200-day moving average and the long-term bull-bear dividing line. Once breached, it could trigger a deep correction, like a dam breaking, and the consequences would be severe.

Next, let's discuss the key resistance levels; the $3.15 - $3.20 range is both the 100-hour moving average and a Fibonacci retracement level. If we can break through this resistance level, it would be like breaking through a layer of paper, potentially continuing to test $3.40 - $3.42. If it can firmly stay above $3.40, the next target would be the historical high of $3.75, which would be a rhythm heading towards the peak.

Now, looking at the momentum indicators, the RSI is at 39, which is neutral but slightly weak, and the MACD is in the negative zone, indicating that short-term selling pressure is dominant. To reverse this downtrend, we need to break through $3, and the MACD needs to turn positive, just like a car needs to shift gears to accelerate, meeting certain conditions.

In the short term, within one month, everyone should focus on the strength of the $2.72 support level. If it breaks down with volume, stop-losses need to be executed; don’t hesitate, preserving capital is the most important. If it breaks above $3.15, it would be reasonable to take a small long position, targeting $3.40; making a small profit would also be good.

Finally, Hao Ge will give everyone today's trading guide: short near $2.9110 - $2.9380, first looking down at $2.8750, then at $2.7980.