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9.25 XRP analysis
Core support 2.78 - 2.80, a massive accumulation area (over 2 billion XRP bought in this range), is the most important defense line recently.
Key resistances at 3.00 and 3.20. 3.00 is an important psychological and technical level, and after a successful breakout, 3.20 will be the next key target.
Ideal Entry and Accumulation: Within the range of 2.80-2.83, consider gradually building long positions. If it retests and confirms that the support at 2.78 is valid and does not break, that would be another relatively safe accumulation opportunity.
At the same time, risk control must be well managed. It is recommended to set the stop loss for long positions below 2.70. Because once it effectively breaks below 2.70, it may indicate that the current support structure has failed, and the downside potential may be further opened.