mt logoMyToken
RTP
$189,118,758,780.46 -0.02%
24H LQ
$452,845,557.83 +0.76%
FGI
0%
ETH Gas
Cryptos
Exchanges

Yueying: Popular Altcoin SOL Precise Long and Short ORDI, XRP Short-term View

Share
Technical Analysis of SOL, ORDI, and XRP - Those who have been following the recent updates on SOL should be aware. After stabilizing at 220, we are looking for an extension test of 248, suggesting a short position around 248. The market accurately retraced to 249. On the daily chart, the market entered a period of volatility after a series of consecutive gains over the weekend. The Bollinger Bands are open and the moving averages continue to maintain a bullish pattern. On the four-hour chart, the market is testing the middle support rail, but is being suppressed by the resistance of the seven-day moving average. The Bollinger Bands remain upward overall, but are currently narrowing. The MACD fast and slow lines are crossing downwards, with increased volume. In the short term, we will continue to focus on resistance around 248. If it breaks through the previous high, it will test the 262 area. Support is expected in the 238-235 range, and short-term trading should refer to this support and resistance range. On the daily chart, ORDI is still consolidating within a low-range range. The previous strategy suggested buying at 9.5. The market rebounded to 10.7 before retracing and adjusting. Short-term resistance is around 10.5, with a key barrier around $13. A break above this level could extend to $20. Downside is also focused on 9.5 and 8.5. XRP's previous strategy suggested support above 2.92. The market rebounded around 2.93 before retracing and adjusting at 3.18. On the daily chart, after breaking through the upper band, it closed with a negative candlestick pattern to retest the 60-day moving average. On the four-hour chart, after a series of declines, the decline is now showing signs of stabilizing. The market is testing the resistance of the middle band and the 7-day moving average. Once it stabilizes, the rebound will continue. Short-term resistance is around 3.13-3.15. A break above the previous high could see the 3.35 area. Short-term support is around 3.0, followed by 2.96. For short-term trading, consider these support and resistance levels. —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about operations or trends, you can communicate with me to learn operations! Let’s communicate together and make profits together!
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact