The recent movements of SOL and XRP are indeed quite interesting.
On the SOL side, it still seems to be moving in tandem, with weak fluctuations. The 138.0 level below is a relatively key support, while 140.0 is a resistance level. In the short term, the range between 139.0 and 139.5 is a bit risky; if shorting, the target can be around 138.2 to 138.5. However, if it can stabilize above 140.0 and volume picks up, there might still be hope for the bulls.
The situation with XRP is similar, also in a oscillating downward trend. Support is at 2.28, resistance at 2.33. Currently, the 2.31 to 2.32 range is a pressure zone, and short positions can be considered with targets around 2.29 to 2.30. Similarly, if it can break through 2.33 with increased trading volume, the bulls may have a chance to continue.
This wave of market movement still requires attention to volume; otherwise, just looking at price alone can be misleading.
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BearEatsAll
· 01-10 02:04
Yes, trading volume is really the key. I've been scammed several times before.
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MEVictim
· 01-09 02:35
Lack of volume support, no matter how good the support and resistance look, is useless. These past two days have been confusing to watch...
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MEVHunter_9000
· 01-08 08:33
The trading volume aspect is truly a mystery; I get fooled every time.
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TideReceder
· 01-07 02:58
Volume is the real daddy; prices are all fake. SOL's current position is indeed a bit awkward, with 140 still firmly holding it down.
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BackrowObserver
· 01-07 02:53
Without matching trading volume, everything is pointless. These two coins are now just a consumption battle.
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NeonCollector
· 01-07 02:48
The volume is real; rebounds without volume are false, I've seen too many fake breakouts.
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MetaMisfit
· 01-07 02:46
Insufficient trading volume is just a joke; this time, we really need to rely on trading volume to speak.
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LiquidityLarry
· 01-07 02:42
Volume is key. These two coins are indeed pretending to be dead; only a breakout with volume will do.
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GasFeeCryBaby
· 01-07 02:39
It's really frustrating that SOL is stuck at 140. If you can't accumulate more, don't even think about it.
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GasFeeCrybaby
· 01-07 02:31
Volume is the real boss. Focus less on candlesticks and more on trading volume; otherwise, it's easy to get trapped.
The recent movements of SOL and XRP are indeed quite interesting.
On the SOL side, it still seems to be moving in tandem, with weak fluctuations. The 138.0 level below is a relatively key support, while 140.0 is a resistance level. In the short term, the range between 139.0 and 139.5 is a bit risky; if shorting, the target can be around 138.2 to 138.5. However, if it can stabilize above 140.0 and volume picks up, there might still be hope for the bulls.
The situation with XRP is similar, also in a oscillating downward trend. Support is at 2.28, resistance at 2.33. Currently, the 2.31 to 2.32 range is a pressure zone, and short positions can be considered with targets around 2.29 to 2.30. Similarly, if it can break through 2.33 with increased trading volume, the bulls may have a chance to continue.
This wave of market movement still requires attention to volume; otherwise, just looking at price alone can be misleading.