XRP has dropped 1.72% in the past two days, and many people feel distressed watching it. But upon closer inspection of the chart, the problem isn't significant — the daily chart has found support near the key moving averages, and the overall pattern remains intact.
The hourly chart is also interesting. After the price retraced, support is still in effect, with a clear accumulation of buy orders around 2.05. Although the bears are trying to suppress, the momentum isn't as strong as imagined.
Currently, the price is within the support zone, and the rebound potential is gradually building up. This is often a golden opportunity for low-cost buying. The trend remains upward, and each pullback is actually a good time to enter. Focus on the resistance zone ahead, as that is the area to truly watch.
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FudVaccinator
· 3h ago
Starting to talk about support levels again, every time they say the opportunity is coming but we still have to wait, it's really heartbreaking.
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NeverVoteOnDAO
· 3h ago
Starting to talk about support and potential energy again, always saying it's a golden opportunity, but what’s the result?
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JustHodlIt
· 4h ago
Talking about support levels again? Is it really this time?
Falling again and still talking about opportunities, I've heard it a hundred times haha
Is there really so much buy volume piling up at 2.05? Feels like just talk
Wait for the rebound, anything else is pointless now
Can we not cut losses this time? I'm already mentally exhausted
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AirDropMissed
· 4h ago
It's time to buy the dip again; 2.05 is really a good entry point.
XRP has dropped 1.72% in the past two days, and many people feel distressed watching it. But upon closer inspection of the chart, the problem isn't significant — the daily chart has found support near the key moving averages, and the overall pattern remains intact.
The hourly chart is also interesting. After the price retraced, support is still in effect, with a clear accumulation of buy orders around 2.05. Although the bears are trying to suppress, the momentum isn't as strong as imagined.
Currently, the price is within the support zone, and the rebound potential is gradually building up. This is often a golden opportunity for low-cost buying. The trend remains upward, and each pullback is actually a good time to enter. Focus on the resistance zone ahead, as that is the area to truly watch.