After a round of pump at 6 AM, XRP is currently showing a consolidation around 3.25, with its movement consistent with the overall market. Currently, a pullback trend has already emerged. The four-hour Candlestick Chart shows that both bulls and bears are in a stalemate, and it may take some time for a clear direction to form, possibly requiring the stimulus of important news.



From an operational perspective, it is recommended that investors consider shorting when XRP rebounds to around 3.26. If the price fails to break through this resistance level, the next points of concern will be the two support levels at 3.1 and 2.99.

It is worth noting that while XRP's performance is eye-catching, the entire cryptocurrency market is also undergoing some significant changes. For example, Ethereum (ETH) has recently regained the $3800 mark, which could have a positive impact on the overall market sentiment. At the same time, the United States is advancing policies related to artificial intelligence (AI), which could have far-reaching effects on the blockchain and cryptocurrency industry.

Investors should pay close attention to these macro factors as they may affect the future trend of cryptocurrencies like XRP. Additionally, some market participants are discussing whether a new round of altcoin market is approaching, which is also a topic worth noting. However, when making any investment decisions, it is important to remain cautious and conduct sufficient research and risk assessment.
XRP-1.95%
ETH-0.65%
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DaisyUnicornvip
· 07-28 03:50
The shivering little flower ~ watching the K-line rise and fall is just like waiting for the unicorn of spring.
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WalletWhisperervip
· 07-28 03:50
Cut Loss and run, goodbye
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HashRatePhilosophervip
· 07-28 03:36
Who cares about XRP? I only look at ETH.
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ParanoiaKingvip
· 07-28 03:28
BTC is steady while XRP is swaying here.
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