The 1-hour timeframe shows signs of a rebound, but the 4-hour timeframe remains bearish. Today's trading focus is on the 143.82 level. As long as the 4-hour chart can hold above this price, there is a real possibility of a rebound on the 2-hour chart. If a breakout occurs, pay attention to key resistance zones: 145.55, 147.17, and 148.83.
Conversely, contingency plans should be prepared. If the price fails to stabilize above 143.82 on the 1-hour chart throughout the trading day, it indicates that this small rebound lacks sustainability and strength. In this case, the probability of further decline increases, and support levels to watch below are: 142.20, 140.77, and 139.38.
XRP Short-Term Technical Analysis:
From the 1-hour to 2-hour cycle, XRP is consolidating sideways, but the 4-hour timeframe also remains in a bearish pattern. The key level to observe is 2.0798. Similar to SOL, only when the 4-hour chart can hold above this level will there be a basis for a 2-hour rebound. If a breakout occurs, watch for resistance at: 2.1018, 2.1259, and 2.1523.
If the 2-hour chart cannot hold this support, XRP is likely to continue weakening. Support levels below are at: 2.0558, 2.0337, and 2.0081.
Overall, both of these cryptocurrencies are currently at a critical crossroads. Whether they can hold above specific technical levels will directly influence the sustainability of short-term rebounds.
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AirdropHuntress
· 9h ago
143.82 If it can't break, it will continue to fall. This rebound looks weak no matter how you analyze it.
It's the same logic again. In a 4-hour bearish pattern, rebounds are mostly fake moves.
The 2.0798 level is interesting, but the trading volume of XRP these days shows that greedy people will suffer losses.
It has stabilized, but without volume support, the sustainability of the rebound is questionable.
Don't expect a move upward if the key level isn't broken; the 142.20 below probably won't hold.
The small rebound of SOL this time has a bit of a fake-out vibe; caution is advised.
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NFT_Therapy
· 9h ago
143.82 If it doesn't break, I won't believe this rebound is real
Both the bears and the resistance level, why are these two coins so weak today
Is XRP still sideways? It should have dropped already
If SOL drops to 139.38, I'll buy the dip directly and take a gamble
Feels like this analysis is all nonsense, might as well look at the candlestick chart for a more direct understanding
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unrekt.eth
· 10h ago
143.82 this threshold is really quite critical; if it can't break through, I still have to keep waiting at the bottom.
Another bunch of numbers, honestly, it still depends on whether the 4-hour chart can hold.
XRP's sideways movement is so annoying, just waiting for it to make a decision.
Damn, how come both are in the bear camp? This market is really a bit cold.
Stabilize the support and then rebound; break it and continue to fall. Simple and straightforward, I like it.
143.82 and 2.0798 are today's critical lines of life and death.
To be honest, with such a chaotic market, looking at the flow of funds is more reliable than just watching the numbers.
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LiquidatedNotStirred
· 10h ago
143.82 is another magic number, always getting stuck here...
HODL or run, it all seems to depend on this line
XRP's sideways movement is so uncomfortable, when will it break 2.1?
If the 4-hour chart isn't convincing, let's wait for the next wave
Feels like I'll be glued to the screen again today until my scalp goes numb
SOL Short-Term Technical Analysis:
The 1-hour timeframe shows signs of a rebound, but the 4-hour timeframe remains bearish. Today's trading focus is on the 143.82 level. As long as the 4-hour chart can hold above this price, there is a real possibility of a rebound on the 2-hour chart. If a breakout occurs, pay attention to key resistance zones: 145.55, 147.17, and 148.83.
Conversely, contingency plans should be prepared. If the price fails to stabilize above 143.82 on the 1-hour chart throughout the trading day, it indicates that this small rebound lacks sustainability and strength. In this case, the probability of further decline increases, and support levels to watch below are: 142.20, 140.77, and 139.38.
XRP Short-Term Technical Analysis:
From the 1-hour to 2-hour cycle, XRP is consolidating sideways, but the 4-hour timeframe also remains in a bearish pattern. The key level to observe is 2.0798. Similar to SOL, only when the 4-hour chart can hold above this level will there be a basis for a 2-hour rebound. If a breakout occurs, watch for resistance at: 2.1018, 2.1259, and 2.1523.
If the 2-hour chart cannot hold this support, XRP is likely to continue weakening. Support levels below are at: 2.0558, 2.0337, and 2.0081.
Overall, both of these cryptocurrencies are currently at a critical crossroads. Whether they can hold above specific technical levels will directly influence the sustainability of short-term rebounds.