【XRP 1-Hour Chart: Key Moving Average Resistance Test】



Price rebounds to the key moving average resistance zone, and bulls and bears face a direction choice. Structurally, it is in the middle of a consolidation range; a breakout or failure to break will determine the short-term direction.

· Core Viewpoint: Focus on the MA20 (1.998) for gains and losses. A breakout indicates a short-term bullish trend, while resistance suggests continued decline.
· Key Resistance: 1.998 (MA20), 2.017 (MA30).
· Key Support: 1.969 (MA10), 1.897 (previous low).
· Trading Strategy:
· Long: Wait for the price to volume-breakout and stabilize above 1.998, then consider a short-term long position, target 2.048, stop loss 1.985.
· Short: If the price is clearly resisted and falls back in the 1.998-2.017 area, consider a short position, target 1.969, break below to 1.897, stop loss 2.025.
· Summary: Currently in a dense moving average zone, direction awaits a breakout. Conservative traders may wait and see, and act only after the price makes a clear choice around MA20.

Subscribers can receive real-time breakout signals and precise order placement strategies.

Disclaimer: The above analysis is for market opinion sharing only and does not constitute any investment advice. Cryptocurrency is highly volatile; please ensure proper risk management and independent decision-making.#欧美关税风波冲击市场
XRP-2,13%
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