$XRP

XRP point analysis and long and short directions

Support level:

1. $2.15 (intraday low, short-term support)

2. $2.05 (medium-term support, possible rebound)

3. $1.90 (key historical support range)

Pressure level:

1. $2.25 (short-term rebound pressure level)

2. $2.43 (intraday high, strong resistance)

3. $2.90 (recent high, strong pressure area)

Prediction of long and short directions:

• Short advantage: The current price breaks below the MA7 and MA25 moving averages, the short momentum is strengthened, and the MACD crosses and the volume continues to weaken, indicating that the short-term downward trend continues.

• Possible rebound: If the $2.15 support is stable and the volume is coordinated, there may be a technical rebound.

Suggested operation:

1. Short order strategy:

• Entry price: $2.25

• Take profit: $2.15 / $2.05 / $1.90

• Stop loss: $2.35

2. Long order strategy (short-term rebound):

• Entry price: $2.15

• Take profit: $2.25 / $2.35 / $2.43

• Stop loss: $2.05

Summary: XRP's current trend is bearish. It is recommended to pay attention to short order opportunities first. If there is an obvious stop-loss signal at the key support level, consider short-term rebound long orders.

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