$XRP Current price is 2.01. Although KDJ has formed a golden cross pattern at a low level and MACD is converging below the zero line, this only represents a short-term technical correction and is by no means a reversal indicator. The current price is still being tightly suppressed by the moving averages, combined with a net outflow of 57.42 million USD, the strength of long positions catching a falling knife is clearly insufficient. It seems there is a momentum shift, but in reality, it is a brief adjustment in a weak market. It is highly likely that the price will continue to follow a downward trajectory, so don’t misinterpret this correction as a reversal.