XRP has recently exhibited a significant anomaly, with the 30-minute trading volume suddenly surging by 169.8%. Such a sharp increase in volume often indicates that the market is about to initiate a new wave of momentum.



Currently, XRP is quoted at 1.8746 USDT, approaching a critical technical support level. From the 1-hour chart, the 1.8524 level has formed an important support benchmark, with only 0.94% space from the current price. A broader support zone lies between 1.8407 and 1.8555, forming a relatively complete multi-layer support structure.

From a trading perspective, the movement near support levels often presents good long opportunities. If XRP remains within this support zone without breaking below, one can consider placing long positions around 1.8524. The key is whether the subsequent trading volume can continue to sustain the surge—this directly determines the sustainability of the upward trend.

Overall, the current combination of XRP's volume anomaly and technical support warrants close attention. Remember the importance of risk management; staying observant before the market initiates is the most prudent approach.
XRP1,02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
DegenWhisperervip
· 7h ago
Trading volume surged by 169.8%. That number does sound a bit intimidating, but I really want to see if we can hold the 1.8524 line. If it breaks, then I’ll have to accept the loss. If this isn’t a false breakout, I’ll be eating my words. Entering a long position at 1.8746 feels a bit like gambling... Let’s observe and see. Multiple support levels sound good, but I’m just worried none of them will hold up. Only if the volume moves with the price will I believe this move is real. By the way, who actually bought the dip at 1.8524? This volume spike—are the big players just absorbing it, or is this a real trend? I’m not sure.
View OriginalReply0
ChainWanderingPoetvip
· 7h ago
The trading volume has surged so much, it really feels like something is about to happen... but I still want to see if it can break 1.85 first.
View OriginalReply0
MetaMiseryvip
· 7h ago
It's another surge in trading volume and support levels. Feels like I say this every time. Let's wait until a breakdown actually happens; discussing support now isn't very meaningful. I've seen many signals before market moves like this, and 99% of the time it's just a false alarm. But I still need to keep an eye on it, just in case there's a real rally.
View OriginalReply0
ChainSauceMastervip
· 7h ago
The trading volume is so strong, I just watch without taking action. Last time I followed the trend, I lost a lot.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)