XRP is currently stuck at a key technical Node, and there is intense competition at the important support level, with short-term fluctuations leaning weak, hovering in the 2.75-2.80 range.



Key levels to watch closely: support to first look at the immediate level of 2.70, with Fibonacci support at 2.79-2.80, and stronger support at the 200-day moving average of 2.54-2.60; resistance is mainly at 2.97-3.00, and if broken, can look at 3.19-3.20.

Market sentiment is mixed, with a bearish bias on the technical side. The RSI is around 38, nearing the overbought zone. However, there are good signals on-chain, as whales are quietly accumulating. The net increase in holdings in August is significant, and the exchange balance is also decreasing, providing support for the price.

Trader: It is recommended to do a buy around 2.7900-2.7700, first aiming for 2.8350, and then 2.8650. #成长值抽奖赢iPhone17和周边# #GateLayer正式上线# #BTC走势分析#
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Renxingvip
· 5h ago
XRP is stuck at a key technical Node, with intense competition at an important support level, showing weak short-term fluctuations, hovering in the 2.75-2.80 range.
Key levels to watch: support is first at the immediate level of 2.70, with Fibonacci support at 2.79-2.80, and stronger support at the 200-day moving average in the 2.54-2.60 range; resistance is mainly at 2.97-3.00, and if broken, can look at 3.19-3.20.
Market sentiment is mixed, with a bearish technical outlook, RSI around 38, nearing the oversold zone. However, there are good signals on-chain, with Whales quietly accumulating, significant net increases in August, and exchange balances also declining, providing support for the price.
Traders: It is recommended to trade around 2.7900-2.7700, first targeting 2.8350, then 2.8650. #成长值抽奖赢iPhone17和周边# #GateLayer正式上线# #BTC走势分析#
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GateUser-4bb0e339vip
· 6h ago
The bullish market is at its peak 🐂
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Anvip
· 6h ago
I will observe the public trading point this time.
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