Yueying: Popular altcoin SOL long and short precision ORDI, XRP short-term perspective

I am Zhou Yueying, and let's see today's sharing!

SOL Technical Analysis ————

Recently, those who have been keeping up with the continuous updates on SOL should have noticed that after stabilizing at 220, there is a suggestion to short around 248 based on the extension test at 248. The market has precisely retraced to 249. Looking at the daily chart, after consecutive bullish candles, the weekend has entered a consolidation phase. The Bollinger Bands are in an opening state, and the moving averages continue to maintain a bullish arrangement. On the four-hour chart, the market is testing the middle support line, which is being resisted by the seven-day moving average. Overall, the Bollinger Bands maintain an upward trend and are currently in a contraction phase. The MACD fast and slow lines have crossed downwards, with the volume bars increasing. In the short term, continue to focus on the resistance around 248. If the previous high is broken, it will test around 262, and support should be monitored in the range of 238-235, with short-term reference for support and resistance for entry.

ORDI Technical Analysis————

The daily chart of ORDI still shows that it is in a low-level box oscillation range. The previous idea suggested buying at 9.5, and the market has rebounded to 10.7, with a pullback adjustment. The short-term resistance to watch is around 10.5, while the critical watershed is around 13. If it can break through this price, it may extend to 20. In the short term, continue to pay attention to the positions of 9.5 and 8.5 below.

XRP Technical Analysis————

The previous support level for XRP was given above 2.92, and the market rebounded around 2.93, pulling back to adjust at 3.18. After breaking the upper track at the daily level, it formed a bearish candle and is retesting the 60-day moving average. The four-hour chart shows signs of a halt after consecutive bearish days, with the market testing the mid-track and the seven-day moving average resistance. Once stability is achieved, a continuation of the rebound is expected, with short-term resistance to watch at 3.13-3.15. If the previous high is broken, attention can turn to the 3.35 area. Short-term support is at 3.0, followed by 2.96, with short-term reference support and resistance for entry.

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn from me! See you next time.