XRP's recent trend is indeed worth paying attention to. From a technical perspective, after a high-volume surge, it directly pulled back, and the volume bars cannot maintain a strong stance, which is a clear signal. The RSI indicator is now hovering around the mid-44 range, with明显不足的反弹动能, and without底背离的支撑, the downward pressure remains quite significant. Even more concerning is that the MACD bars have entered the negative zone and are expanding, maintaining the integrity of the downward trend channel—this combination of signals usually indicates that the short-term trend may continue to face pressure. The current price is at 2.0647. From a technical standpoint, this position is suitable for market shorting to seize the opportunity of a rebound and decline.
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.
XRP's recent trend is indeed worth paying attention to. From a technical perspective, after a high-volume surge, it directly pulled back, and the volume bars cannot maintain a strong stance, which is a clear signal. The RSI indicator is now hovering around the mid-44 range, with明显不足的反弹动能, and without底背离的支撑, the downward pressure remains quite significant. Even more concerning is that the MACD bars have entered the negative zone and are expanding, maintaining the integrity of the downward trend channel—this combination of signals usually indicates that the short-term trend may continue to face pressure. The current price is at 2.0647. From a technical standpoint, this position is suitable for market shorting to seize the opportunity of a rebound and decline.