Yueying: Can the popular altcoin SOL return to 200? Short-term thoughts on BNB and XRP.

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

SOL Technical Analysis ————

The daily chart for SOL shows that the previous candlestick closed with a significant bearish drop, breaking below the 7-day moving average. The Bollinger Bands are opening downwards, and the short-term moving average is extending downward. The MACD fast and slow lines are once again moving downwards with a decrease in volume, and the KDJ has flattened after turning. In the four-hour view, the price tested the upper band after being blocked in the early hours yesterday and is currently testing the lower band. The Bollinger Bands are slightly opening, and the short-term moving average is turning downwards. The MACD fast and slow lines have crossed downwards, breaking below the 0-axis with continuous increasing volume, while the KDJ is extending downwards with signs of turning. Overall, after testing resistance, the market quickly fell again to test the lower support structure, continuing to lean towards weakness. Resistance to watch is at 160-162, while support is at 148-146. If this support is broken, the market will accelerate downward, with a probability of breaking previous lows. Short-term reference for resistance and support for entry.

BNB Technical Analysis————

The daily chart for BNB shows that after being blocked by the short-term moving average, it has currently fallen below the 7-day moving average. The Bollinger Bands are in an opening state, and the MACD fast and slow lines have continued to extend downward after breaking below the zero line, with the volume bars decreasing. The KDJ has turned downwards and is now running upwards again. On the four-hour chart, the Bollinger Bands are opening downwards, indicating the possibility of a downward channel. If the short-term 7-day moving average resistance cannot be broken and stabilized, the trend will continue to test downward. If it can break through, then focus on the resistance around the middle band. Short-term support is around 935, while resistance above is around 967, followed by 980. Short-term trading can refer to these support and resistance levels.

XRP Technical Analysis————

The daily chart for XRP shows the price fluctuating within a large range. After encountering resistance near the EMA200 and 60-day moving averages, it is currently testing the midline. The Bollinger Bands are flat, and the MACD fast and slow lines have crossed upwards with increasing volume, while the KDJ has turned downwards. On the four-hour chart, the Bollinger Bands are in a contracted state, with the MACD fast and slow lines crossing downwards and increasing volume, and the KDJ shows signs of turning upwards. In the short term, I expect continued fluctuations within a large range. The first resistance level to watch is around 2.45, and the second resistance level is around 2.6. The first support level to watch is around 2.32, and the second support level is around 2.2. Short-term trading can reference these support and resistance levels.

——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 exchange ideas and profit together!