Recently, the price of XRP has shown a steady rise, keeping pace with other mainstream Crypto Assets. Currently, XRP is encountering resistance near $3.1, just touching the previous pressure area on the 4-hour chart. Although there has been a brief pullback, this has not changed the current long positions trend.
From the hourly chart perspective, the pullback is limited, with multiple attempts to test the mid-line of the moving average but failing to break through, indicating strong support. This price action suggests that market participants still maintain a bullish sentiment.
For traders, following the trend may be a wiser choice. Consider looking for long positions around $3.01. If the price can break through the resistance level of $3.10, the next focus will be the range of $3.15 to $3.20.
However, investors should keep in mind that the Crypto Assets market is highly volatile, and price trends can change at any time. It is essential to conduct thorough research and risk assessment before making any investment decisions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
SorryRugPulled
· 6h ago
The bullish trend continues, let's keep pushing forward!
View OriginalReply0
PumpAnalyst
· 6h ago
The market maker is still slowly building the bottom. Don't be in a hurry to go all in.
View OriginalReply0
币圈里看人生
· 6h ago
1111111111111111111
Reply0
MetaMuskRat
· 6h ago
You will understand after trading, XRP is very stable.
View OriginalReply0
Degen4Breakfast
· 6h ago
Breakthrough means to enter a position crazily.
View OriginalReply0
0xInsomnia
· 7h ago
It's on! It's on! I'm selling everything to go all in!
Recently, the price of XRP has shown a steady rise, keeping pace with other mainstream Crypto Assets. Currently, XRP is encountering resistance near $3.1, just touching the previous pressure area on the 4-hour chart. Although there has been a brief pullback, this has not changed the current long positions trend.
From the hourly chart perspective, the pullback is limited, with multiple attempts to test the mid-line of the moving average but failing to break through, indicating strong support. This price action suggests that market participants still maintain a bullish sentiment.
For traders, following the trend may be a wiser choice. Consider looking for long positions around $3.01. If the price can break through the resistance level of $3.10, the next focus will be the range of $3.15 to $3.20.
However, investors should keep in mind that the Crypto Assets market is highly volatile, and price trends can change at any time. It is essential to conduct thorough research and risk assessment before making any investment decisions.