$XRP Current price 2.18, the contraction of the Bollinger Bands at the four-hour level indicates an intensifying divergence between long and short positions, not a consolidation signal: the MACD red bars oscillating around the zero axis suggest insufficient bullish momentum, the so-called "strong bullish" on the daily chart is a weak rebound driven by short-term sentiment, lacking sustained volume support. In today’s directional choice, the risk of breaking down is greater than the rebound space, and even after a rebound, it is still a high short opportunity.
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$XRP Current price 2.18, the contraction of the Bollinger Bands at the four-hour level indicates an intensifying divergence between long and short positions, not a consolidation signal: the MACD red bars oscillating around the zero axis suggest insufficient bullish momentum, the so-called "strong bullish" on the daily chart is a weak rebound driven by short-term sentiment, lacking sustained volume support. In today’s directional choice, the risk of breaking down is greater than the rebound space, and even after a rebound, it is still a high short opportunity.
Trading advice: Short near 2.20-2.22, target: 2.16, 2.14
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