#以太坊行情解读 Looking at the recent trend of $XRP, the Bollinger Bands on the four-hour chart are opening downward. Interestingly, the bulls have tried several times to break through 1.948, but each time they hit a wall and pull back — basically, the resistance above is really strong, and buying pressure can't hold up.



From a trading perspective, my idea is to consider shorting at the 1.935 level, with the first target at 1.850. If this level is broken, there’s still 1.820 waiting below. $BTC $ETH's recent performance is also worth paying attention to; the overall market rhythm feels a bit weak.
ETH-1.13%
XRP-3.56%
BTC-1.18%
View Original
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
CoffeeNFTradervip
· 12-17 06:48
Coming back to 1.948? Getting slapped in the face every time, it's really time to face the reality. I'm also watching the short positions, entering at 1.935, exiting at 1.850, sounds good, but I don't know if it will be another story. The pressure is so strong and you're still stubbornly fighting here. The bulls are a bit persistent this time. The Bollinger Bands are opening downward, hmm, there might still be room below, but don't forget the 1.820 level. The whole market is dull, $BTC $ETH also has no highlights, it's uncomfortable. I remember the 1.935 level, waiting for the right opportunity. Bulls really should learn to cut losses; if they keep going like this, they'll be washed out sooner or later. Your analysis isn't bad, but I always feel there's a bit of a gap when it comes to execution.
View OriginalReply0
IntrovertMetaversevip
· 12-17 06:44
1.948 Hit wall so many times, this resistance level is really tough, I am also bearish --- Another bearish signal, entering at 1.935 feels a bit risky, let's wait for a breakout --- Bollinger Bands opening downward, we've seen this routine too many times, it's always a false breakout in the end --- Why am I still watching XRP, BTC is the big brother, following it closely is the right move --- The 1.850 target feels conservative, at this pace it might directly break 1.820 --- The market is so weak, isn't it a great opportunity for bears to enter now? --- After so many setbacks, I would have given up long ago, why keep holding on? --- Don't just look at XRP, see what ETH is doing, it seems to have no progress at all
View OriginalReply0
BearMarketBrovip
· 12-17 06:42
1.948 This resistance level is really firm, and my bearish outlook is based on this reasoning. --- You're going short again. Are you a professional bear? Haha. --- Is the Bollinger Band opening downward? It feels like the entire crypto market has been staging a decline recently. --- Entering short at 1.935 takes some courage. Do you have a plan if it breaks below 1.850? --- The bulls are dead, the bears are dominant, and this wave of XRP really has no hope. --- The market is so weak that I can't even bother to watch the行情. --- Your analysis still seems reliable, but I'm just worried about a sudden reverse surge. --- Your point about buying pressure not holding up is spot on. Retail investors are probably still bottom-fishing. --- 1.820? Are you trying to smash XRP to the floor? --- The term Bollinger Bands feels overused now; looking at the candlestick charts is still the most reliable.
View OriginalReply0
OneBlockAtATimevip
· 12-17 06:34
1.948 This threshold is really hard to break through, every time it gets pushed back. Your analysis is quite interesting. If it breaks below 1.935, I'm ready to start buying the dip. I feel there is still quite a bit of support below. The overall market sentiment is indeed a bit weak, BTC and ETH don't have much presence. Let's wait for the trend. Can the 1.820 level hold? It feels like this decline might not go that deep. If you manage to hold your short position, you'll make a profit. Just worried about a sudden rebound that could hit you.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)