📊 August 27 XRP Morning Market Analysis

XRP has strongly broken through 3.00 today, showing obvious short-term bullish momentum, but there is still pressure in the range of 3.05—3.10 above. As it approaches the integer level, caution is needed for a potential pullback. The overall trend is biased towards strength, but be aware of the risk of retracement at high levels.

Technical Key Levels

Resistance Levels: 3.05 / 3.10 / 3.20

Support Levels: 2.95 / 2.90 / 2.85

Personal Trading Suggestions

Follow the Trend Long: Current price 3.02. If it stabilizes after a pullback in the range of 2.98—3.00, consider a light long position, targeting 3.05—3.10. If it breaks strongly above, then look at 3.20, with a stop loss at 2.95.

High Position Short: If it quickly hits resistance at 3.10—3.15, consider a light short position, targeting a pullback to 3.00—2.95, with a stop loss set above 3.18.

Range Strategy

➡️ Short-term Range: 2.98—3.10, focus on high selling and low buying.

➡️ A valid breakout above 3.20 will further open up the upside; if it breaks below 2.95, the short-term outlook is weak, possibly retracing to 2.90—2.85.

Summary

📌 The current trend is biased towards bullish, but caution is needed for a pullback in the resistance area of 3.05—3.10.

For contract operations, trade lightly with quick entries and exits, with a focus on following the trend. Strictly take profits and cut losses at key levels, and avoid blindly chasing highs in a volatile market. Friends who don’t understand the trend direction can follow the daily shared directional strategies from the teacher—stay tuned! #xrp #Xrp🔥🔥 #solana #bnb #BTC