#加密生态动态追踪 XRP Early Morning Technical Review and Trend Guess

The recent performance of $XRP is indeed a bit awkward—the rebound after overselling appears weak and lacking momentum. During this early morning period, it’s highly likely to oscillate within the narrow range of 1.98–2.00, with neither bulls nor bears willing to exert decisive force.

The recent trend details are as follows:

The intraday low was 1.974 (a key support break point), and it has currently rebounded to 1.9945, indicating a short-term correction phase. However, the rebound energy is clearly weakening—volume surged during dips, but trading volume gradually shrinks during rebounds. In simple terms, the bottom-fishing positions are still being accumulated, and no trend-following funds are genuinely optimistic. The candlestick pattern shows a "sharp drop followed by slow rise" bearish market structure, making further upward movement challenging under this setup.

Looking upward, the first resistance level is 2.00 (the round number + previous oscillation lower boundary), followed by 2.005. Both levels present significant resistance. Support below is at 1.98; if that breaks, a quick revisit to 1.974 will occur. If broken, the next support zone is at 1.96–1.97.

Early morning trend forecast:

**Mainly sideways consolidation**—trading is light, bulls and bears are temporarily at a stalemate, with the highest friction likely between 1.98–2.00.

**Upside potential is relatively small**—unless volume breaks through 2.00 and stabilizes, then attempts towards 2.005–2.01 may occur, but current rebound strength is insufficient, so probability is low.

**Downside risk exists**—a break below 1.98 could lead to a quick retest of 1.974, and if broken, it may head straight to 1.96.

Trading reference:
- Small long positions can be tried near 1.98, with stop-loss at 1.97 and take-profit at 2.00.
- Small short positions can be tried near 2.00, with stop-loss at 2.005 and take-profit at 1.985.
- If 1.974 is broken, go ahead and short, targeting 1.96; if 2.005 is broken, avoid chasing, as the rebound momentum is too weak.