The XRP market is currently at a critical position. There is significant resistance around 2.86 and 3.03, with multiple attempts to break through failing, indicating that these may be false breakouts. The support level is in the range of 2.77 to 2.79, and if this range is broken, it may continue the downward trend.
However, if XRP can break through 2.86 and hold steady, it is expected to open a new upward channel. It is worth noting that the market was relatively stable on Saturday, and the MACD indicator on the four-hour chart shows fierce competition between bulls and bears.
In the current market environment, investors should closely monitor the release of U.S. employment data, as it may affect market expectations regarding Federal Reserve policies, which in turn could impact the trends in the cryptocurrency market. It is recommended that investors consider both technical and fundamental factors when making trading decisions, and always maintain risk awareness.
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AltcoinMarathoner
· 21h ago
mile 20 vibes rn... accumulating xrp like water stations on this long run tbh
Reply0
BlockTalk
· 09-06 12:42
Sideways累了 get out of positions了先
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MEVSandwich
· 09-06 12:35
I don't understand, I don't understand, we are just suckers.
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BearMarketNoodler
· 09-06 12:35
Every time at a key position, greed is at its peak, watching others gamble on thin threads.
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DAOdreamer
· 09-06 12:31
Once you break through, you have to increase the position, come on brothers!
The XRP market is currently at a critical position. There is significant resistance around 2.86 and 3.03, with multiple attempts to break through failing, indicating that these may be false breakouts. The support level is in the range of 2.77 to 2.79, and if this range is broken, it may continue the downward trend.
However, if XRP can break through 2.86 and hold steady, it is expected to open a new upward channel. It is worth noting that the market was relatively stable on Saturday, and the MACD indicator on the four-hour chart shows fierce competition between bulls and bears.
In the current market environment, investors should closely monitor the release of U.S. employment data, as it may affect market expectations regarding Federal Reserve policies, which in turn could impact the trends in the cryptocurrency market. It is recommended that investors consider both technical and fundamental factors when making trading decisions, and always maintain risk awareness.