I looked at the recent trend of XRP, and there is actually a lot of favourable information—$82 million net inflow into ETF, RLUSD log in to Ethereum L2, and obtaining a charter from the Federal Trust Bank, all of which are solid driving forces. But the problem is, after the good news landed, the price is still fluctuating around $1.92 without the expected continuous rise, and instead, buying pressure seems very weak.



From a technical perspective, the daily chart still maintains a downward trend, with no obvious reversal signals. The 4-hour level can illustrate the problem better— the MACD red histogram is very weak, and the trading volume has not increased in coordination, indicating that the bullish strength is clearly insufficient, and the momentum for going long cannot be sustained.

Based on this judgment, one might consider a light shorting approach. However, risk management must be the priority, and it's safer to set a stop-loss at 2.2 USD. If the price breaks through this level, it indicates that the bearish trend has been disrupted, and one should immediately close their position and exit. After all, given the volatility of the crypto market, operating with a light position and strictly adhering to the plan is key to survival.
XRP-1,56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
RektDetectivevip
· 2025-12-23 04:37
Hold on under pressure and wait a little longer.
View OriginalReply0
DeepRabbitHolevip
· 2025-12-23 04:15
These Favourable Information seems a bit fake.
View OriginalReply0
BridgeNomadvip
· 2025-12-22 08:51
This long positions won't go far.
View OriginalReply0
BottomMisservip
· 2025-12-22 08:49
Not entering a position is the most Favourable Information.
View OriginalReply0
LiquidatedThricevip
· 2025-12-22 08:49
suckers looking for a bottom in the air
View OriginalReply0
LiquidityNinjavip
· 2025-12-22 08:48
It is recommended to stay on the sidelines.
View OriginalReply0
RatioHuntervip
· 2025-12-22 08:38
The analysis is rigorous.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)