The US core CPI below expectations signals a positive outlook, giving risk assets a chance to breathe. Against this backdrop, let's look at XRP's recent opportunities.
On the technical side, the price range of 2.04-2.05 for XRP is a good entry point. If it can hold steady here, the target is up to 2.09. The short-term momentum is still key, depending on whether it can break through the 2.07 resistance.
If $BTC and $ETH move higher together, they will provide strong support for $XRP. On a larger scale, if this rebound proceeds smoothly, there is potential for even higher gains.
Of course, trading should be planned carefully, and risk management must be in place.
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PanicSeller
· 01-21 18:59
Wow, CPI is so low, is the crypto market about to take off again? Wait a moment, breaking 2.07 won't do anything for XRP anyway.
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NonFungibleDegen
· 01-18 22:00
ngl ser, 2.04-2.05 is basically the floor price cope i've been waiting for... just gonna ape in and pray btc doesn't dump on us lmao
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ChainDetective
· 01-18 21:58
If CPI is reliable, then XRP this round is indeed quite interesting. Buying in at 2.04 must have been super satisfying, haha.
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OnChainDetective
· 01-18 21:54
nah, watched the on-chain flows leading up to this... wallet clustering around 2.04 looks sus tbh. typical accumulation pattern before coordinated dumps, seen it too many times. statistical anomaly if this actually holds.
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rugpull_ptsd
· 01-18 21:31
Core CPI positive for this kind of thing, has always been fleeting... However, this wave of XRP is indeed a bit interesting, entering at 2.04-2.05 might be worth a gamble.
#美国核心物价涨幅不及市场预估 January 19 XRP Short-term Trend Analysis
The US core CPI below expectations signals a positive outlook, giving risk assets a chance to breathe. Against this backdrop, let's look at XRP's recent opportunities.
On the technical side, the price range of 2.04-2.05 for XRP is a good entry point. If it can hold steady here, the target is up to 2.09. The short-term momentum is still key, depending on whether it can break through the 2.07 resistance.
If $BTC and $ETH move higher together, they will provide strong support for $XRP. On a larger scale, if this rebound proceeds smoothly, there is potential for even higher gains.
Of course, trading should be planned carefully, and risk management must be in place.