Date: May 18, 2025
Current price: 2.363 USDT
Operation direction: Short-term bullish, seizing the bottom opportunity, welcoming the trend reversal.
[One, daily level technical analysis]: Bearish exhaustion, MACD bottom divergence evident.
K-line structure:
Three consecutive days of volume contraction and consolidation, yesterday closed with a small bullish line in resistance, today continues the horizontal structure, bearish momentum has significantly weakened;
A typical 'platform building after a drop' pattern, commonly seen at the end of a decline, about to reverse;
Bollinger Bands:
The middle band is pressed at 2.52, the upper band at 2.63, the lower band is near 2.23, the price has oscillated near the lower band for nearly 5 days, with strong rebound expectations;
Moving average system:
EMA7 and EMA13 are gradually flattening, EMA25 is not far from the price, once it rises, it will break multiple short-term resistances;
Strong support below EMA200 (2.42), historically validated, becoming the end point of this round of correction;
MACD indicator:
Dual lines are close to the zero axis, green bars are continuously contracting, signs of bottom dullness have appeared, a golden cross may form at any time;
Yesterday's trend summary:
XRP fluctuated repeatedly between 2.32~2.36 yesterday, closing with a small bullish K line, indicating strong support below, short-term bearish attacks failed.
Daily conclusion: The critical point at 2.36 has stabilized, if today does not break the lower support, the rebound target can be seen at 2.48~2.56
[Two, four-hour line analysis]: Box oscillation end, building momentum to break through.
Structural pattern:
Building a four-hour descending channel, currently oscillating horizontally at the bottom for over 24 hours;
Clearly showing 'W bottom right foot raised' structure, characteristic of bullish accumulation;
Bollinger Bands system:
Four-hour BOLL has significantly narrowed, price is running below the middle band close to the lower band, the critical point for bulls and bears is about to arrive;
Moving average arrangement:
EMA7 turns upward, EMA13 and EMA25 tend to stabilize, preparing for a bullish arrangement;
EMA50 is around 2.41, once it breaks through, it will confirm a secondary trend;
MACD:
Golden cross has initially formed, red bars are slowly enlarging, bullish momentum is starting moderately;
KDJ & RSI:
KDJ three-line golden cross rising from a low position, RSI has recovered to around 45, with further upward space.
Four-hour conclusion: Horizontal consolidation ends with a directional choice, if a volume breakout occurs at 2.40, it will quickly push up to the 2.48 area and test the key resistance level above 2.56.
[Three, one-hour line analysis]: Bottom lifting, short-term bullish control.
K-line rhythm:
Within one hour, there have been consecutive bullish line formations, the bottom is constantly lifting, indicating strong buying replenishment;
Bollinger Channel:
One-hour Bollinger Bands are rising, price is moving between the middle and upper bands, short-term trend has turned bullish;
Moving average system:
EMA7 crosses EMA25, EMA50 is about to break through, the bullish arrangement is taking shape;
MACD indicator:
Red bars are gradually enlarging, golden cross stabilizing, short-term momentum supports upward continuation;
Volume structure:
Trading volume has moderately increased, with no signs of large volume selling, funds tend to return.
One-hour conclusion: Short-term has broken the descending trend line first, if it continues to stabilize above 2.38, it will ignite the intraday market, target 2.48~2.56.
[Practical operation suggestion]
Opening position: 2.358
First Ziying: 2.393
Second Ziying: 2.430
Loss position: 2.321
