XRP 4-hour cycle technical analysis shows that the current price is close to the lower band at 2.3039. The price has fallen from the high to the lower band area, indicating a possible short-term rebound demand, but the overall trend remains bearish.
K value is 19.53, D value is 21.40, J value is 15.80, and all three lines are in the oversold zone, indicating potential technical rebound momentum. DIF (-0.0534), DEA (-0.0355), and MACD bars (-0.0358) are all negative, and DIF is below DEA, indicating that the bearish trend has not changed. However, the green bars show signs of narrowing, and attention should be paid to whether a golden cross forms.
Support level to watch: around 2.30-2.26 Resistance level focus: around 2.45-2.50
Operational Strategy If it breaks below the 2.26 support, the short-term trend will further weaken, and long position risks should be avoided. Pay attention to the support around 2.20 below, and consider trying to short with a light position $XRP .
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11.4 XRP Morning Analysis
XRP 4-hour cycle technical analysis shows that the current price is close to the lower band at 2.3039. The price has fallen from the high to the lower band area, indicating a possible short-term rebound demand, but the overall trend remains bearish.
K value is 19.53, D value is 21.40, J value is 15.80, and all three lines are in the oversold zone, indicating potential technical rebound momentum.
DIF (-0.0534), DEA (-0.0355), and MACD bars (-0.0358) are all negative, and DIF is below DEA, indicating that the bearish trend has not changed. However, the green bars show signs of narrowing, and attention should be paid to whether a golden cross forms.
Support level to watch: around 2.30-2.26
Resistance level focus: around 2.45-2.50
Operational Strategy
If it breaks below the 2.26 support, the short-term trend will further weaken, and long position risks should be avoided. Pay attention to the support around 2.20 below, and consider trying to short with a light position $XRP .