💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
#中美贸易协商 Let's analyze the current market situation of XRP together.
The midday market shows that XRP has formed a period of sideways consolidation around 2.6090. From the 4-hour chart, it presents a clear converging triangle pattern, which usually indicates that bulls are accumulating energy to prepare for a breakout. Technical indicators are generally positive: the price steadily stands above the midline of the Bollinger Bands, the MACD is about to form a golden cross near the zero line, the green momentum bars are beginning to expand, and the RSI indicator remains strong in the 54 range. The overall structure exhibits bullish characteristics. The moving average system shows a standard bullish arrangement, and it is particularly noteworthy that the strong support zone formed by MA5 and MA10 at the 2.60 position lays a solid foundation for the subsequent rise.
The fundamentals of XRP are also sending positive signals, as Ripple's regulatory dispute with the SEC is expected to reach a settlement, which the market is responding to positively. More importantly, several international banks have adopted Ripple's cross-border payment solutions, expanding the actual application scenarios and enhancing its intrinsic value. On-chain data provides strong evidence: large institutional addresses have been continuously increasing their holdings recently, with a cumulative increase of over 120 million XRP, demonstrating the market's confidence through this substantial capital inflow. Additionally, XRP has just broken through a declining trend line that lasted for two months, making the mid-term outlook promising.
For trading strategies, it is recommended to consider entering long in the range of 2.6100 to 2.5900, with the first target above focusing on 2.6450. If a breakthrough occurs, the next level to look at could be 2.6800. However, risk management remains crucial, and it is essential to set reasonable stop-loss levels and adjust strategies flexibly according to market changes to avoid stubborn positions. Overall, the conditions for bullish momentum are in place under the current market environment, and following the market rhythm is a wise choice. $BTC
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