⚠️ XRP rebound momentum weakens! Bears may attempt to test lower liquidity again

Current Time: April 26
Current Price: 1.4213
Underlying Asset: XRP

From the overall trend, XRP entered a clear downtrend after reaching a high of 3.38 earlier. Although it has recently been consolidating sideways in the 1.30—1.50 range, the rebound strength has always been limited, with multiple attempts to rally being suppressed, indicating that selling pressure above still exists.

Currently, the structure resembles a weak oscillation phase after a decline, with short-term funds showing more wait-and-see sentiment. Today’s movement is most likely to continue with sideways to bearish trends → retesting lower support levels.

📊 Technical Structure Analysis
① 1-Hour Level (Short-term Structure)

From the 1-hour chart, we can see:

MA7 and MA30 are basically converged
Multiple rebounds near 1.45 have been suppressed
The highs are slightly lower

This indicates that short-term funds have a strong willingness to short on rebounds.

Key levels:

Short-term resistance
1.45

Strong resistance
1.48

Short-term support
1.40

Secondary support
1.36

As long as 1.45 cannot be broken through, the bearish structure remains valid.

② 4-Hour Level (Trend Structure)

The 4-hour structure shows:

1️⃣ Price still trading weakly around MA30
2️⃣ Rebound heights are gradually decreasing
3️⃣ Market trading volume is gradually shrinking

This structure usually indicates that the market is still in an adjustment cycle.

If the bears continue to dominate, XRP may test:

1.40 → 1.38

🎯 XRP Today Short Position Strategy (Execute directly)

Trading direction: Short

Open position method
👉 Market order short: around 1.4213

Take profit targets

First take profit
1.4071 (+1%)

Second take profit
1.3929 (+2%)

Risk control stop-loss

Stop-loss level
1.4426 (-1.5%)