2026-01-09 05:33:03

XRP has been suppressed by the MA20 at around 2.2160 on the four-hour chart, with limited upward space. You can see that all short-term moving averages are lined up overhead, making it impossible to find any breakout points for a rebound.

The MACD death cross structure is still intact, and the RSI is only at 39.2, indicating that the downward momentum is building but not yet fully released. This volume-less, downward decline characteristic is precisely preparing for the next move.

The current price of 2.1282 can be directly shorted. From a technical perspective, the previous low of 2.0650 is a relatively reasonable target. Instead of waiting idly for a rebound, it’s more efficient to enter short positions decisively whenever a rebound occurs.

XRP-1.59%

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WalletInspector

· 2h ago

It's the same old routine of moving average suppression, really frustrating. The technical analysis shows limited room for movement, but I still want to wait and see. I have a feeling there will be a rebound opportunity.

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BlockchainFries

· 21h ago

You're trying to trick me into shorting again. Last time I listened to you, I got liquidated, bro.

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AirdropChaser

· 01-09 06:02

Ha, it's that same moving average suppression theory again. Every time, you say XRP will not rebound, but in the end, it still bounces back. Talking so confidently about shorting, I guess you've never experienced the feeling of getting crushed, right?

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StableNomad

· 01-09 06:01

ngl, the "wait for any bounce then short it" playbook... statistically speaking that's how people get liquidated. reminds me of UST in May when everyone was so sure about the next leg down. risk-adjusted returns don't work that way, sorry not sorry.

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DegenWhisperer

· 01-09 05:58

Damn, the moving average iron gate, this breakout is really tough Still waiting for a rebound? Just short it See you at 2.065

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WhaleWatcher

· 01-09 05:41

Another bearish argument, just shouting short every day is enough, is 2.0650 really that easy to reach? --- MA20 resistance? When was that? This rebound is not even following the moving averages. --- Low volume decline is actually a short signal? I see it as a shakeout, completely opposite to your logic. --- For XRP, calling for shorting during a decline and calling for a correction during a rebound, you always profit. --- Reasonable target? Ha, the last reasonable one has already risen back now, stop using technical analysis to deceive.

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