The recent trend of XRP/USDT is noteworthy. After breaking through a triangular oscillation, the lows on the 4-hour chart continue to rise, indicating a certain amount of upward momentum. After the rebound of the 26-day moving average, although there hasn't been a significant pullback, the market seems to be building up momentum.



It is worth noting that trading volume has been continuously accumulating during the pullback period, and recently there has been a noticeable increase in volume, suggesting that buyers are actively entering the market. This increase in trading activity may indicate potential changes in future price trends.

For short-term traders, around $3.27 may be a worthwhile entry point. However, investors should cautiously set stop-losses, with a recommendation to set the stop-loss level near $3.06 to control risk. In an optimistic scenario, the short-term target price could look towards the range of $3.5 to $3.7.

For long-term investors, a phased accumulation strategy may be more prudent. The long-term target price may extend to a range of 3.8 to 4.6 USD. However, all investment decisions should be based on individual risk tolerance and in-depth market analysis.

The current cryptocurrency market is in a critical period, with factors such as policy environment and market liquidity potentially having a significant impact on XRP prices. Investors should closely monitor market dynamics and adjust their strategies in a timely manner to respond to potential opportunities and challenges.
XRP-3.07%
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OnChainDetectivevip
· 08-09 14:37
Follow the go long opportunities
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SellTheBouncevip
· 08-08 14:49
Being bullish is correct.
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BTCBeliefStationvip
· 08-08 14:49
Watching more and making fewer dynamic moves is better than placing random orders.
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SundayDegenvip
· 08-08 14:31
Long positions are ready to open.
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TokenUnlockervip
· 08-08 14:23
Long positions have finally arrived.
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