#数字资产生态回暖 Is the XRP bear market turning point taking shape?
The long-term downtrend is still in place, but recent movements have become interesting. The bearish selling pressure is noticeably waning, buying activity is gradually picking up at lower levels, and upward momentum is quietly accumulating. These signals should not be ignored.
From a technical perspective, the red trend line still acts as the "ceiling" for rebounds, but once XRP breaks through the $2.48 level, the previously suppressed upward momentum may be unleashed. Short-term traders should focus on two key levels: the resistance at $2.2-$2.22 and the support zone at $1.95-$1.88. These two ranges will determine the next direction.
Interestingly, although the bear market framework has not been completely broken, subtle internal structural changes are occurring. Whether XRP can successfully hold above the breakout levels will directly decide if a rebound rally is coming or if the downtrend will continue. This is a critical point and worth close observation.
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.
13 Likes
Reward
13
6
Repost
Share
Comment
0/400
ImpermanentTherapist
· 12-11 03:29
You're trying to bluff me again, talking about a turning point every time.
Breaking through 2.48 will release it? I feel like we need to wait a bit longer.
View OriginalReply0
GateUser-bd883c58
· 12-11 03:25
Is XRP really going to turn things around this time? Feels like they're just telling a story again.
View OriginalReply0
LayoffMiner
· 12-11 03:22
Hmm... I've been watching this level 2.48 for a long time. I'm worried that if I break through, it might crash back down.
View OriginalReply0
HalfIsEmpty
· 12-11 03:22
XRP is telling stories again; I've heard this 2.48 level too many times.
View OriginalReply0
WagmiWarrior
· 12-11 03:15
Stop with this nonsense, 2.48 isn't the first time you've mentioned it.
View OriginalReply0
MevHunter
· 12-11 03:10
Wait, can 2.48 break through? Seems a bit uncertain.
#数字资产生态回暖 Is the XRP bear market turning point taking shape?
The long-term downtrend is still in place, but recent movements have become interesting. The bearish selling pressure is noticeably waning, buying activity is gradually picking up at lower levels, and upward momentum is quietly accumulating. These signals should not be ignored.
From a technical perspective, the red trend line still acts as the "ceiling" for rebounds, but once XRP breaks through the $2.48 level, the previously suppressed upward momentum may be unleashed. Short-term traders should focus on two key levels: the resistance at $2.2-$2.22 and the support zone at $1.95-$1.88. These two ranges will determine the next direction.
Interestingly, although the bear market framework has not been completely broken, subtle internal structural changes are occurring. Whether XRP can successfully hold above the breakout levels will directly decide if a rebound rally is coming or if the downtrend will continue. This is a critical point and worth close observation.