According to Woofun AI, XRP fell 3.7% within 24 hours, triggering a heated debate in the market over confirmation of the bottom. Chart analyst Ali Martinez determined that the asset may have hit a phased low, while analyst firm Cryptoinsightuk is cautious and believes that the current trend is not enough to be determined.
This divergence of views highlights the market's indecision near key prices, and investors are closely watching subsequent technical signals to determine the direction.
From a technical perspective, data compiled by Woofun AI shows that XRP's RSI (Relative Strength Index) has fallen to a severely oversold region within a 4-hour period, which provides potential momentum for a short-term rebound. Cryptoinsightuk pointed out that if the price can rise back to around $1.30, it is expected not only to fill the value gap, but also to build a higher price low at the bottom of the trading range.
The more critical variable is the formation of divergence signals: analysts expect to see the price reach a new low while the RSI can reach a higher low. This will be strong evidence that selling pressure has dried up and the bulls are building up again.
However, the downside risks have not been completely eliminated. Cryptoinsightuk warned that the current chart may be forming a descending triangle pattern, and that the recent decline may only induce excessive behavior. If XRP fails to maintain its current price, the price is likely to fall below the low in the range, at which point $1.22 will be a clear target for decline. Conversely, if the support level is successfully maintained under good liquidity support, the price will have a chance to rebound to a high point in the range.
The uncertainty of this pattern requires traders to strictly set stop losses to deal with the risk of possible breakdowns.
In terms of trading strategies, analysts recommend looking at the area above $1.30 to below $1.35 as a potential entry window. Within this range, investors can consider spot funding or establish long positions with low leverage to capture possible rebound gains. However, it is worth noting that any operation should wait for more clear signals to confirm, and avoid entering the market blindly when the trend is uncertain. This is a critical moment for the market to test the effectiveness of key support levels once again after many recent shocks.