1. On the 4-hour level, XRP shows a clear upward trend. The price has steadily risen since early November, reaching a peak in mid-December. The moving averages (MA) show that the 20-period, 60-period, and 120-period MAs are all in a bullish arrangement, which is often seen as a strong bullish signal. However, the price has recently pulled back but remains above the 20-period MA, indicating that short-term upward momentum still exists.
In terms of trading volume, the 4-hour chart shows a significant increase in volume during the price rise, indicating an increase in market participants' interest in XRP. The MACD indicator also shows strong momentum during the price rise, although it has weakened recently.
2. The daily level provides a more macro perspective. XRP experienced a significant price increase from 0.3823 USDT to 1.6200 USDT during November and December. This upward trend is confirmed on the daily chart, with prices running above the 20-day, 60-day, and 120-day MAs, all of which show an upward trend.
The volume on the daily chart also significantly increased during the price rise, especially during the increases in November and December. The MACD indicator on the daily chart also shows strong upward momentum, although it has weakened recently.
3. Trading data shows that in the past 24 hours, XRP had a net capital outflow of -67.28M, with large orders showing a net outflow of -31.73M, which may indicate that large investors are reducing their positions. However, the buying volume for medium and small orders is relatively high at 386.40M and 160.14M respectively, indicating that retail investors remain strongly interested in XRP.
The growth rate of leveraged lending stocks has fluctuated significantly in the past 24 hours, but the overall trend is upward, indicating that market participants are increasing leverage, possibly to amplify potential gains. The leverage long-short ratio has remained relatively stable in the past 24 hours, maintaining between 50% and 60%, showing that market sentiment is relatively balanced.
Viewpoint: XRP shows a strong upward trend, although there has been a recent pullback. Capital flow analysis indicates that despite net outflows of large orders, the buying volume of medium and small orders remains strong, which may provide some support for XRP.$XRP
