From a short-term perspective, XRP has recently attempted to break through the resistance level multiple times, but has not achieved an effective breakthrough. The candlestick pattern shows a clear characteristic of top pressure, indicating that there is significant selling pressure above. In terms of the moving average system, the price gradually deviates from the short-term moving average after peaking, and the moving average turns downward, forming potential resistance. The short-term upward momentum has significantly weakened.
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XRP market on the evening of September 29
From a short-term perspective, XRP has recently attempted to break through the resistance level multiple times, but has not achieved an effective breakthrough. The candlestick pattern shows a clear characteristic of top pressure, indicating that there is significant selling pressure above.
In terms of the moving average system, the price gradually deviates from the short-term moving average after peaking, and the moving average turns downward, forming potential resistance. The short-term upward momentum has significantly weakened.
Suggestion: 2.9-2.92, targets 2.82, 2.76, 2.74