XRP Hao-ge’s trading guide for today
XRP is now at a critical turning point. The key focus is whether it can hold above the 1.60 neckline.
The bullish factors are plentiful: it has formed an inverse head-and-shoulders pattern, holds the 1.56 resistance level, ETF fund inflows have continued, and large whales keep accumulating coins. But risks are also present—market indicators are overbought, leverage is relatively high, and historical performance in October has been weak. So don’t chase at higher prices blindly.
If it holds 1.60, the medium-term target is 2.00. If the breakout fails, it may pull back to 1.486 and possibly as low as 1.30.
Hao-ge’s bias for today is bullish. On pullbacks in the 1.6210–1.6030 range, set up long positions. First target: 1.6390. Second target: 1.6710. The most important thing is to closely watch whether the 1.60 neckline can be maintained.#Xrp🔥🔥 $XRP
XRP is now at a critical turning point. The key focus is whether it can hold above the 1.60 neckline.
The bullish factors are plentiful: it has formed an inverse head-and-shoulders pattern, holds the 1.56 resistance level, ETF fund inflows have continued, and large whales keep accumulating coins. But risks are also present—market indicators are overbought, leverage is relatively high, and historical performance in October has been weak. So don’t chase at higher prices blindly.
If it holds 1.60, the medium-term target is 2.00. If the breakout fails, it may pull back to 1.486 and possibly as low as 1.30.
Hao-ge’s bias for today is bullish. On pullbacks in the 1.6210–1.6030 range, set up long positions. First target: 1.6390. Second target: 1.6710. The most important thing is to closely watch whether the 1.60 neckline can be maintained.#Xrp🔥🔥 $XRP
