Yueying: Popular altcoins SOL, BNB, XRP thoughts meet expectations Latest short-term trend highlights

I am Zhou Yueying, and let's take a look at today's sharing!

SOL Technical Analysis————

The resistance level of 140-143 for SOL mentioned above has pulled back to 142 as expected. On the daily chart, following consecutive bearish candles, the last candle closed as a small bullish candle. The price opened above the 7-day moving average and is still running above it, while the Bollinger Bands continue to show signs of narrowing and downward movement. The short-term moving averages are arranged downward, and the MACD fast and slow lines show signs of turning. The volume bars are decreasing, and the KDJ has crossed upward. On the four-hour chart, the price is once again facing resistance at the previous opening, currently running above the middle band, with the Bollinger Bands in a flat state and short-term moving averages turning upward. The MACD fast and slow lines have crossed and are extending upward, with decreasing volume bars. The KDJ is facing resistance near the 100 level and is turning downward. After a short-term bullish closing to halt the decline, the intraday market is leaning towards a consolidation adjustment. Pay attention to the resistance around 143 above and the support around 135 below, and refer to the resistance and support for short-term entries.

BNB Technical Analysis————

The resistance level of 940 mentioned above for BNB has accurately retraced at 941. The daily chart shows signs of bottoming out after a halt at EMA200, with the Bollinger Bands starting to narrow. The MACD fast and slow lines have turned upward, and the volume bars continue to decrease. The KDJ is also moving upward. On the four-hour chart, the Bollinger Bands are flattening, indicating a range-bound fluctuation in the short term. Support is focused around the 905-805 range, while resistance is around 950. For short-term trading, one can refer to the support and resistance levels for entry.

XRP Technical Analysis ————

The support level of 2.13 mentioned above for XRP has seen a rebound at 2.12 for those who followed along, and they will benefit from this stretch in the market. Looking at the daily chart, there hasn't been much change in the market; it remains within the range. In the short term, particular attention needs to be paid to the lower boundary of the range. Once it breaks, there will be an accelerated downward trend. On the four-hour chart, the highs are moving down, and the support at the lower boundary of the range is temporarily effective and can be referenced for short-term trades. The first resistance to watch is around 2.2-2.25, the second resistance is around 2.3-2.32, and the support to watch is around 2.13-2.1. If it breaks, extend attention to around 1.88. For short-term trades, you can refer to the support and resistance levels for entry.

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate with me to learn and operate together! Let's communicate and profit together!