The current XRP market is at a critical moment, and Technical Analysis shows that both bulls and bears are in fierce contention. From the four-hour Candlestick Chart, we can clearly observe the standoff between buyers and sellers. This situation suggests that the short-term movement of XRP may require some external factors or important news to break the deadlock and determine a clearer direction.



For investors paying attention to XRP, $3.26 is a key price level worth monitoring closely. If the XRP price rebounds to this level, there may be a shorting opportunity, but it is advisable to proceed with caution and only test with a small position. However, if XRP can break through the resistance level of $3.26 strongly, market sentiment may turn bullish. In this case, investors should shift their focus to the next support levels, mainly around $3.1 and $2.99.

It is important to note that the cryptocurrency market is highly volatile, and investors should comprehensively consider Technical Analysis, fundamental analysis, and overall market sentiment before making any decisions. At the same time, it is essential to remain vigilant and manage risks, as the high volatility of the cryptocurrency market can present significant profit opportunities, but it also comes with corresponding risks.
XRP-4.96%
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PanicSeller69vip
· 07-30 18:26
All in, burn the boats!
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LuckyHashValuevip
· 07-29 06:48
Must break 3.26 to go to work
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liquidation_surfervip
· 07-28 02:50
All in and trapped again, when can I be freed?
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SchrodingerWalletvip
· 07-28 02:42
Why panic? Just copy it.
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CoffeeNFTradervip
· 07-28 02:38
XRP is struggling too obviously, just one unfavourable information and it will collapse.
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ChainWallflowervip
· 07-28 02:29
Drawing Candlestick charts again, who isn't getting knocked out in the battle between bulls and bears?
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