XRP, suppressed by the trend line.
The following content is machine translation:
In the 4-hour chart, a downtrend line has been formed from the downtrend from May 12 to the present. The rebound during the downtrend failed to break through the downtrend line. At present, it has reached the trend again and shows signs of falling back.
The indicator macd is in a bullish trend, and the RSI indicator turns its head down near the overbought area, and there is a possibility of a step back.
In operation, there is obvious resistance near the downtrend line, short-term, stop loss at 0.35; effectively break through the downtrend line and do more.
In the 4-hour chart, a downtrend line has been formed from the downtrend from May 12 to the present. The rebound during the downtrend failed to break through the downtrend line. At present, it has reached the trend again and shows signs of falling back.
The indicator macd is in a bullish trend, and the RSI indicator turns its head down near the overbought area, and there is a possibility of a step back.
In operation, there is obvious resistance near the downtrend line, short-term, stop loss at 0.35; effectively break through the downtrend line and do more.
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