XRP is catching traders' attention with what appears to be a dragonfly doji forming on the daily timeframe. This candlestick pattern typically signals potential reversal or indecision at support levels, often preceding directional moves. The shape—with a small body and extended lower wick—suggests buyers are defending price on dips. Worth monitoring how XRP closes this candle and whether follow-through buying emerges in subsequent sessions. Pattern recognition like this remains a key tool in technical analysis for identifying key levels and potential inflection points in the market.

XRP-0.1%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
SnapshotBotvip
· 2h ago
The dragonfly line is back again. Can XRP really rebound this time? I'm a bit skeptical...
View OriginalReply0
HodlTheDoorvip
· 2h ago
Dragonfly Doji, another wave? I almost lost everything trusting this last time. Now, are you going to bet again...
View OriginalReply0
alpha_leakervip
· 2h ago
Dragonfly Doji? This thing is starting again. Every time they say reversal, reversal, but in the end... we still have to see the subsequent trend to decide.
View OriginalReply0
TopBuyerBottomSellervip
· 2h ago
The Dragonfly Line is indeed good, but how many times has this thing formed and still ended up falling? I'm watching it with uncertainty.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)