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Morning XRP Analysis
4-hour chart, Bollinger Bands turning at a high level, price breaks below the middle band, pressured to move along the middle and lower bands; moving averages are aligned with the head pointing up, resistance above is heavy, and the market focus keeps shifting downward; KDJ is in a high-level death cross and continues to decline, with momentum of the head increasing. All indicators are resonating and weakening, showing a clear short-term head trend, and rebounds face resistance, so it’s advisable to follow the trend and go short.
Trading suggestion: 1.41-1.415 go short, target 1.36 $BTC $SOL