51QuantitativeStrategy
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2025/6/28 #XRP# $XRP Current trend assessment: Short-term Rebound followed by a consolidation adjustment phase.


Key Indicator Analysis:
1. Price Trends:
The latest closing price is 2.1832, rebounding 12.8% from the previous low of 1.9343 (06-22 12:00).
But failed to break through the previous high of 2.2106 (06-24 04:00), forming a secondary peak.
2. EMA Moving Average System:
Fast Line EMA(12)=2.1321, Slow Line EMA(26)=2.1334, about to form a golden cross (difference -0.0013)
The price has first risen above the double EMA moving averages, but the moving averages still remain horizontal.
3. MACD Indicator:
The bar chart rebounded from -0.0156 (06-22 12:00) to -0.0013.
The DIF line (-0.0013) is about to cross above the DEA line (0.00005), but the momentum is still weak.
4. Trading Volume Characteristics:
During the rebound period, there were three instances of increased volume (06-23 20:00/06-24 04:00/06-27 20:00)
The latest trading volume is 33,166,488, lower than the previous high volume.
5. RSI Indicator:
Rebound from the oversold zone of 18.7 to 59.6, entering the neutral range.
StochRSI_K(55.8) and StochRSI_D(31.0) show signs of a top divergence.
Key Long and Short Levels:
Support Levels: 2.1336 (recent pullback low), 2.0851 (previous consolidation platform)
Resistance levels: 2.1914 (current high), 2.2106 (previous high)
Operation Suggestions:
Short-term observation, waiting for the following signal confirmation:
1. Breakthrough signal: If the volume breaks through 2.1914 and the MACD forms a golden cross, it may start a new upward trend.
2. Callback signal: If it falls below 2.1336 and the RSI drops below 50, it may test the support at 2.08.
The current market is in a stage of long and short competition. It is recommended to confirm the trend by combining the breakout direction of the next 2-3 candlesticks. Pay attention to the validity of the support at the lower boundary of the ascending channel formed since 06-24 (currently around 2.15).
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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