XRP recent trend shows a significant anomaly, with the 30-minute online trading volume suddenly soaring by over 30%. The current quote is 2.1274 USDT, just 0.7% away from the key support level of 2.1108, which is becoming an important defensive line for the bulls.
From a technical perspective, a sharp increase in trading volume often signals that a market move is about to start. Traders may consider positioning long near 2.1108, with a target towards the resistance at 2.1679. This surge in volume often indicates increased market participation; pay attention to whether it can break through the subsequent critical moment.
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.
17 Likes
Reward
17
10
Repost
Share
Comment
0/400
CryptoSourGrape
· 12h ago
Here we go again. If I hadn't overslept yesterday, I would have seen this fluctuation...
View OriginalReply0
GateUser-e87b21ee
· 14h ago
The increase in volume is indeed interesting, but don't get too carried away this time. Last time, it didn't break through either.
View OriginalReply0
wrekt_but_learning
· 17h ago
Is this surge in trading volume about to take off? The key is whether we can hold at 2.1108.
View OriginalReply0
DEXRobinHood
· 01-10 05:08
Trading volume is rising, the bulls are gathering strength. Is this wave about to break through?
View OriginalReply0
ruggedSoBadLMAO
· 01-08 22:50
Trading volume soars by 30%? This time, don't tell me it's another scam to cheat me...
View OriginalReply0
SerumSquirter
· 01-08 22:47
The trading volume has exploded again, and it's the same old story—every time they say "about to launch," but what happens? Still waiting to be crushed by a dump.
View OriginalReply0
GateUser-cff9c776
· 01-08 22:45
Trading volume surged by 30%, haha, this needs to be interpreted using the supply and demand curve... But honestly, it just means someone is throwing money around, whether it can break through really depends on the subsequent game.
The support level at 2.1108 is like the background color of Van Gogh's canvas; if it can't hold, we might really need to re-examine the value consensus.
Schrödinger's breakout—it's both broken through and not broken through, it all depends on whose chips have more faith.
As for volume, sometimes it's the starting point, sometimes it's just a false prosperity fireworks display, it all depends on which side you're on.
If this wave can break above 2.1679... Never mind, I better not shout slogans randomly, because the future market is just a casino.
View OriginalReply0
DeepRabbitHole
· 01-08 22:44
The trading volume is so fierce, it feels like it's about to break through the level.
View OriginalReply0
DuckFluff
· 01-08 22:34
We've seen volume surges many times, but it always just blows over after a while.
XRP recent trend shows a significant anomaly, with the 30-minute online trading volume suddenly soaring by over 30%. The current quote is 2.1274 USDT, just 0.7% away from the key support level of 2.1108, which is becoming an important defensive line for the bulls.
From a technical perspective, a sharp increase in trading volume often signals that a market move is about to start. Traders may consider positioning long near 2.1108, with a target towards the resistance at 2.1679. This surge in volume often indicates increased market participation; pay attention to whether it can break through the subsequent critical moment.