🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
XRP is currently facing the resistance level of the 4-hour middle band, and the rebound momentum is relatively weak. It may be worth considering lying in ambush for a short order around 2.95, betting that the pressure here will not break. The short-term target is initially set at 2.6, and if it can successfully fall below that, the next step may dip to the 2.4 level.
Overall, this wave of increase seems more like a technical rebound; do not hold too much hope that it will "stand firm" easily, as the bears still dominate.