$XRP is getting tested today. Down 1.27% and you can feel the pressure in every candle on the chart. We're sitting at $1.0615, and honestly, the selling has been steady all day. It started the morning up around $1.0783, which seemed promising. But then something shifted. The selling pressure came in and it just kept pushing lower. Every bounce got rejected. Every attempt to hold ground failed. That's what a down day looks like in real time. The price touched $1.0823 at the high earlier, but couldn't hold it. Now it's testing support around $1.0609, and that matters. That's the line where it stops or where it breaks through. Right now it's hovering right above that, which tells you there's a floor here, but it's being tested hard. What's interesting is the volume. 41.55 million XRP changed hands in 24 hours—that's $44 million worth. When you see that kind of volume on a down day, it means people are actually leaving. They're not just sitting and hoping. They're making the decision to move. The chart tells you the story. Red candles most of the way down. A few green ones trying to bounce, but they don't last. By the time we get to the end of the day, XRP is lower than where it started. That's the opposite of what you want to see. This is the kind of day that separates the confident holders from the nervous ones. If you believe in this price, this is when that belief gets tested. The ones who panic sell are giving their tokens to the ones who think it's worth it at this level. Watch the 1.0609 support. If that breaks, things could get worse. If it holds, you might see a bounce #GateLaunchesUnitreePreMarketFutures #GateCardUpTo8%Cashback #WTICrudeDropsTo75 #StrategySells1637BTCAndBuysBackSTRC .

$XRP is sitting at a key level, and the next move could be decisive. Analyst Ali Martinez believes holding above $1.06 keeps the bullish case alive, with potential upside toward $1.35 and $1.64. But losing that support could open the door to a deeper correction. For now, it's all about whether buyers can defend this zone. I'll be watching price action closely before jumping into any trade. Are you bullish or bearish on $XRP ‌ from here?

#StrategySells1637BTCAndBuysBackSTRC Based on the 1-hour chart (1h) XRP/USDT, the current technical posture is overall weak with short-term downward pressure, but it has entered a critical support verification zone. The specific analysis is as follows: $XRP 1. Trend & Price Action (Bearish) · Current Level: $1.0643, down 0.78%. · Trend: After hitting a recent high of 1.0872 on August 3, the price formed a lower highs structure. The recent consecutive red candles indicate that bears are in control, currently pressing against the bottom of the downward channel. 2. Key Indicators Analysis (Looking for Support) · Bollinger Bands (BOLL): · The price has broken below the Lower Band (LB: 1.0626). This usually signals an oversold condition in the short term, often followed by a technical rebound or a sideways consolidation. · The Middle Band (MB: 1.0720) is the critical resistance to watch; only if the price recovers above this level can the short-term downtrend be reversed. · SuperTrend (10, 3): · Currently priced at 1.0765, the price is trading below this line. This line acts as dynamic resistance, confirming that the current medium-term trend remains bearish. · MACD (12, 26, 9): · Both DIF (-0.0028) and DEA (-0.0019) are below the zero axis, and the bearish histogram (MACD: -0.0008) is widening. This confirms that downward momentum has not yet fully exhausted. · Parabolic SAR (SAR): · The dots are located above the candles (approx. 1.0685), which is a classic short-signal, indicating that bearish pressure will continue until the price can break back above this indicator. 3. Critical Support & Resistance Levels · Immediate Support: 1.0626 - 1.0629. This is the confluence of the Bollinger Lower Band and the recent pivot low. If this is broken, the price may accelerate downward to 1.0550. · Immediate Resistance: 1.0720 (Bollinger Middle Band). A break above this level is required to end the short-term downtrend. 4. Trading Strategy Reference · Short-term Operations: Given the severe oversold condition of the Bollinger Bands, it is not suitable to rush into shorting at the current price. Wait and see if a bullish reversal candlestick (e.g., hammer or bullish engulfing) appears near 1.0626. · Risk Control: If the price closes below 1.0600 on this 1-hour chart, the downtrend will intensify significantly, and stop-losses must be strictly set accordingly. Conclusion: The short-term direction is bearish, but it is approaching a key support zone, with a potential for a technical rebound. The focus going forward is on whether it can stabilize above 1.0626 and regain 1.0720. (Note: Cryptocurrency trading involves high risk. The above is for technical analysis reference only and does not constitute investment advice.)