This report analyzes the short-term, medium-term and long-term trends of Ripple (XRP) based on the current market dynamics, and combines the long-short ratio, closing strength, opening point, take-profit and stop-loss points to form a complete trading strategy recommendation.

Market Overview

Current market price: 1.55 USD

Contract price: 1.55 USD

Current time: 2024-11-23 17:38:14

Total market value: 88,322,678,806 USD

24-hour trading volume: 17,529,536,079 USD

Long-Short Ratio

Exchange Name Long/Short Ratio

Binance 1.25

OKX 0.90

dYdX 1.05

Crypto.com 1.10

BingX 1.15

Bitget 0.95

1:30 p.m

Bybit 1.20

The table shows the long-short ratio of different exchanges. For example, Binance's long-short ratio is 1.25, which means that longs outnumber shorts by 25%. A long-short ratio above 1.00 indicates that the market favors the longs, while a ratio below 1.00 favors the shorts.

XRP Closing Intensity

Price Range Cumulative Short Closing Intensity (billion) Cumulative Long Closing Intensity (billion) Leverage Type Closing Intensity (billion)

>1.55 USD 10 15 100x 5

>1.50 USD 8 12 50x 4

>1.45 USD 5 9 25x 3

<1.40 USD 3 7 10x 2

This table shows the closing intensity under different price ranges and leverage types. For example, when the price range is greater than 1.55 USD and the leverage is 100x, the short intensity is 1 billion and the long intensity is 1.5 billion.

Trading strategy recommendation table

Time Period Long Entry Point Long Take Profit Long Stop Loss Short Entry Point Short Take Profit Short Stop Loss Trend

Short-term (15 minutes) 1.53 1.58 1.50 1.57 1.52 1.60 Neutral

Medium-term (4 hours) 1.52 1.60 1.48 1.58 1.50 1.62 Bullish

Long-term (24 hours) 1.51 1.65 1.45 1.60 1.48 1.68 Bullish

Specific strategy recommendations

Short-term (15 minutes)

Based on current market sentiment, it is recommended to open a long position at 1.53, with a target profit point of 1.58 and a stop-loss point of 1.50.

If market sentiment tends towards fear, it is recommended to open a short position at 1.57, with a target profit point of 1.52 and a stop-loss point of 1.60.

Medium-term (4 hours)

Based on market sentiment, it is recommended to open a long position at 1.52, with a target profit point of 1.60 and a stop-loss point of 1.48.

If the market trend shows a downward trend, it is recommended to open a short position at 1.58, with a target profit point of 1.50 and a stop-loss point of 1.62.

Long-term (24 hours)

Based on market sentiment, it is recommended to open a long position at 1.51, with a target profit point of 1.65 and a stop-loss point of 1.45.

If the market trend shows significant weakness, it is recommended to open a short position at 1.60, with a target profit point of 1.48 and a stop-loss point of 1.68.

Grasp market trends and discover more potential opportunities#xrp