XRP Today's Technical Analysis and Trading Strategy: Bearish
XRP's recent candlestick trends indicate that after reaching a high of 3.4043 in mid-January, the market has been generally declining. Recently, the price dropped to a low of 1.7636, then rebounded to around 2.3, currently fluctuating around the 2.36 area.

Key Technical Indicators Analysis
🔹 Moving Averages (MA)

  • Short-term MA7 (2.37) is below MA30 (2.52), indicating a continued weak short-term outlook;

  • MA100 (2.91) is far from the current price, and the market is overall in a downward trend.

🔹 KDJ Indicator

  • K, D, J indicators are at relatively low levels but have not formed a golden cross, with the bearish trend still dominant.

🔹 MACD Indicator

  • DIF and DEA are running below the zero axis, with MACD red column momentum weak, still under bearish pressure in the short term.

🔹 Bollinger Bands (BOLL)

  • XRP is currently operating near the lower Bollinger Band, indicating further downside risk.

Today's Trading Strategy (Bearish)
Opening Position: Short in batches near 2.37
First Support Level: 2.25 (Short-term Support)
Second Support Level: 2.10 (Key Support)
Stop Loss Level: Above 2.48 (if this level is breached, stop loss and exit) 🔍 Trading Logic
Trend Judgment: Although XRP has rebounded in the short term, it is still in an overall downward trend, with bearish forces dominating the market.
Support and Resistance: Short-term Resistance: 2.48 (breach may change the trend)

Short-term Support: 2.25, 2.10 (if broken, may further decline)
Volume Analysis: Recent trading volume has shrunk, indicating insufficient market momentum, making it difficult for a short-term rebound to sustain, still leaning towards a downward fluctuation.


  • The overall trend of XRP remains bearish, and there is still potential for further decline in the short term. It is recommended to short at highs, focusing on2.25 and 2.10support levels, as a break may lead to further declines. If the market breaks through2.48, short positions should stop loss and wait for new entry opportunities.#币安上线BERA #以太坊现货ETF连续净流入 #比特币盘整将持续多久？ #微策略募资支持比特币战略 #ETH再度冲击4K $XRP $SOL $BTC