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XRP's recent performance has attracted a lot of attention. From the weekly chart, it has already increased by 12.88%, currently around 2.1023. During this upward movement, the buying pressure is quite strong, although selling pressure still accounts for 59.5%. However, a look at the depth chart reveals that the bottom support is quite solid.
From a technical perspective, the MA7 moving average is now stuck at 2.4649, which is a key resistance level. Once the price can break through this, the potential for further gains should open up. Interestingly, the main force has been active in the 2.10-2.15 range recently, clearly accumulating positions—this kind of sign usually indicates that someone is preparing for the next market move.
The current trading strategy is as follows: set a defensive position at 2.05; if it drops below, it’s an opportunity. Once it breaks through 2.17, consider adding to your position. Based on this month’s target, the 2.5+ level is still worth looking forward to. A breakout seems imminent, and the key is whether it can突破 this resistance.