📢 XRP Long and Short Key Point Analysis and Operation Strategy (August 27)
🔥 Current Price: 3.0021
24-hour Increase: +5.16%
Trading Volume: 4.549 billion (Data as of August 27)
📈 Technical Long and Short Focus
1️⃣ Key Support Levels:
· 2.97 (Trendline Support)
· 2.90 (Breaking could accelerate downward)
· 2.78 (Triangle Lower Boundary)
2️⃣ Key Resistance Levels:
· 3.05 (Fibonacci Resistance)
· 3.10 (Look for 3.20 after breaking)
· 3.30-3.35 (Symmetrical Triangle Upper Boundary Break Target)
3️⃣ Pattern Signals:
· 4-hour chart symmetrical triangle consolidation, approaching direction choice
· 100-hour moving average (~3.00) nearby competition, short-term moving average pressure
⚡️ Long and Short Scenario Layout
✅ Bullish Breakout Conditions (Probability about 50%)
· Trigger Signal: Volume breakout above 3.05-3.10
· Entry Points:
· Aggressive: Light position long on breakout above 3.05
· Conservative: Enter after confirming support at 3.10 on a pullback
· Target Levels: 3.20 → 3.50 → 3.84
· Stop Loss: Below 2.97
❌ Bearish Breakdown Conditions (Probability about 50%)
· Trigger Signal: Break below 2.90 support
· Entry Points:
· Aggressive: Light position short on break below 2.90
· Conservative: Enter after being blocked at 2.97-3.00 on a rebound
· Target Levels: 2.84 → 2.78 → 2.66
· Stop Loss: Above 2.97
⚠️ Key Reminders
· Mid to late October: SEC decision on XRP ETF + Ripple bank license decision (Potential volatility catalysts)
· Closely following Bitcoin's trend: If BTC pulls back to 100k-104k, it may drag down XRP
· Strict risk control: Single position ≤ 10%, decisive stop loss, avoid holding positions!
💡 Operational Suggestions
· Short-term: Wait for a breakout of the 2.90-3.10 range before acting, avoid frequent trading during fluctuations
· Medium to Long-term: Gradually build positions in the 2.90-2.70 area to control costs
(For reference only, not investment advice)
The market has risks, operations should be cautious!
👇 What do you think about XRP's next direction?
