📌 Market Overview:
XRP bulls and bears are caught in a tug-of-war. From a multi-cycle perspective, the bottom signals are gradually becoming clear, and short-term rebound expectations are rising. It is currently at a critical turning area, with a low-level opening window appearing; it is advisable to be bullish and lightly positioned.
🔍 Technical Analysis Details:
✅ Daily (1D):
The price has held strong support at 2.28 for several consecutive days, with a strengthening demand for rebounds.
Short-term moving averages are flattening and attempting to turn upwards, indicating weakened downward momentum.
MACD green bars are significantly decreasing, and a divergence structure is emerging.
Overall at the end of the bottom formation, brewing directional choice.
✅ Four hours (4H):
The W-bottom structure has basically formed, and the price is testing the neckline area.
Short-term moving averages show a golden cross, stabilizing at the mid-track is key.
MACD double line golden cross, red bars expanding, momentum is recovering.
If it breaks 2.36 with volume, the rebound rhythm is expected to accelerate.
✅ One hour (1H):
The price has recorded three consecutive positive candles, and short-term sentiment has significantly recovered.
EMA arrangement shows initial bullish trend, buying pressure is starting to dominate.
MACD red bars continue to expand, momentum supports upward movement.
The volume-price combination is good, with conditions for further upward movement.
🎯 Operation Suggestions (mainly short-term):
Current direction: Bullish
Opening position: 2.32–2.33 range
First support level: 2.36
Second support level: 2.40
Support level: 2.28
🧠 Core Logic Summary:
XRP is currently at a technical bottom of multi-cycle resonance, with a structural basis for a short-term rebound. In terms of operations, one can seize the opportunity to buy low, gradually take profits, control risks, and wait for the market to release direction.
