XRP Short-Term Market Analysis and Trading Recommendations

I. Core Market Judgment

Based on the 15-minute candlestick chart, trading volume, and moving average indicators, the bullish strength of XRP is slightly dominant in the short term, with prices showing a fluctuating upward trend. However, it is important to note that the current price is still within the established fluctuation range, and the distance between moving averages is relatively close. The stability of the short-term trend has not yet been fully confirmed, and there is no clear unilateral direction at this time.

II. Key Price Levels Reference

• Resistance Level: $3.0279

• Support Level: $2.9811

III. Trading Strategy

1. Long Strategy: If the price breaks through the resistance level of $3.0279, a light position may be taken to follow the long position, relying on the support confirmed by the transformation of this resistance level to ensure trend continuity.

2. Risk Warning: If the price falls below the support level of $2.9811, caution should be exercised regarding the risk of short-term decline, and avoid holding positions blindly; before breaking through key price levels, it is recommended to mainly observe the market and not to enter aggressively. #币安钱包TGE $BTC