From the four-hour timeframe, XRP's recent rebound momentum is clearly insufficient. The MA60 moving average forms obvious resistance at 2.1987, and the price has not even effectively突破2.1431 this relay resistance.
The technical indicators are also weak—MACD remains below the zero line, reflecting insufficient buying momentum; RSI hovers around 53.5, showing no effective upward trend. In terms of volume, this rebound clearly lacks increased capital participation, a typical false breakout pattern.
Based on comprehensive technical analysis, the current price around 2.1333 can consider a bearish approach, with the first target pointing to the previous low at 2.0650. This level has already formed a certain support base.
Of course, any trading decision should be made in conjunction with your own risk tolerance.
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zkProofGremlin
· 1h ago
It's just a fakeout, it's going to drop again.
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EyeOfTheTokenStorm
· 11h ago
Is it another trap? My quantitative model has long sensed the smell of "cutting leeks." Without volume support, there's no chance.
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MA60 resistance + MACD death cross, I've seen this combo too many times, it's basically a standard pre-decline pattern. If the 2.065 level breaks, we really need to consider bottom fishing.
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To put it simply, this is a typical rebound with no one willing to take the buy-in. With such poor volume, why are we still pushing up? Wake up, everyone.
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Looking at historical data, XRP has never ended well after such a situation, but I will still hold some positions for a rebound. Trading the fluctuations is the way to go.
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MACD below zero for so long, don't be fooled by the small rebound in front of you. Risk warning is in place; the rest depends on your own risk tolerance.
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FOMOSapien
· 01-09 02:00
You're starting to lure with more hype again. I know this trick too well. The bears do have a real chance.
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DegenWhisperer
· 01-09 01:58
The trick of诱多 is old now, coming back to harvest the leeks again.
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ProposalManiac
· 01-09 01:57
Can't even tell if it's a trap? This mechanism design is really clever.
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WinterWarmthCat
· 01-09 01:55
The trap of诱多 is back, and the funds are not cooperating at all. This bearish opportunity can still be taken a shot at.
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bridge_anxiety
· 01-09 01:51
The pump is coming again. XRP's rebound this time really can't hold, I feel like 2.065 is going to break.
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Tokenomics911
· 01-09 01:48
The pump-and-dump scheme is back again. XRP's recent rebound is just to deceive people; short selling is the right way.
XRP Market Analysis: Short-term Bearish Outlook
From the four-hour timeframe, XRP's recent rebound momentum is clearly insufficient. The MA60 moving average forms obvious resistance at 2.1987, and the price has not even effectively突破2.1431 this relay resistance.
The technical indicators are also weak—MACD remains below the zero line, reflecting insufficient buying momentum; RSI hovers around 53.5, showing no effective upward trend. In terms of volume, this rebound clearly lacks increased capital participation, a typical false breakout pattern.
Based on comprehensive technical analysis, the current price around 2.1333 can consider a bearish approach, with the first target pointing to the previous low at 2.0650. This level has already formed a certain support base.
Of course, any trading decision should be made in conjunction with your own risk tolerance.