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$XRP The current price is 2.23. The 4-hour level shows characteristics of oscillation and bottoming out, but the bearish momentum has not dissipated. The Bollinger Bands are flattening, appearing to consolidate, but in reality, it is a weak stabilization after a fall. The middle band at 2.29 continues to exert pressure, with the price consistently operating below the middle band, and the dominance of short positions remains unchanged. Although the lower band at 2.16 temporarily serves as support, a net outflow of funds of 39.99 million and a trading volume of 432 million have failed to hold up the price, and the risk of breaking out with higher trade volumes is accumulating. Although the MACD is close to convergence, the DIF is still weaker than the DEA, indicating insufficient rebound momentum; the technical recovery resembles a breath before a continued decline.



Operation suggestion: short positions near 2.25-2.26, target: 2.18, 2.16
#Gate10月透明度报告出炉
XRP-1.27%
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