Binance XMRUSDT 1h Trend Prediction

The market indicates that after a significant upward movement, prices began to fluctuate intensely, with no clear breakout above the Bollinger Band, exhibiting large amplitude within the upper and lower bands. The MACD momentum histogram has turned negative, but the downward trend is temporarily halted near the middle Bollinger Band, reflecting the market's temporary transition into a consolidation phase without a secondary surge of buying or selling forces. Both RSI and KDJ indicators show a short-term retracement demand; the J value is extremely low, but the K and D lines have not formed a strong bullish structure, indicating limited downside space in the short term and suggesting a recovery phase. Funding data reveals that the holdings ratio of large institutional accounts and total account ratios are significantly below 1, indicating a strong overall bearish intention among large funds, which is unfavorable for a sharp price rally. However, active buy orders have a slight advantage, leading to increased division between bulls and bears. There is strong support near the trendline and the moving average (MA20). The price is expected to oscillate within the 700-760 range in the short term, awaiting new directional signals. Currently, both amplitude and trading volume are relatively high, with intense short-term capital battles. The market lacks sustained unidirectional movement. It is recommended to adopt a wait-and-see approach or perform range-bound buying low and selling high. Risk Warning: If the price drops below 700, it will test the support at the lower Bollinger Band at 665; a breach below this level may open further downside potential. A break above 760 would require attention to whether there is concentrated and active capital inflow, which could facilitate an upward extension.