XRP's recent trend is quite interesting. From a technical perspective, the 2.1100 to 2.1300 range is a good entry point, and you might consider a light position to test the short-term opportunities.
If you enter successfully, set the first profit target around 2.0900. When it reaches this level, don't be greedy—take half of your position off to lock in gains. Hold the remaining part and consider exiting at around 2.0700 to maximize your profits.
Risk management should always come first. Remember: once the price breaks above the upper boundary of the entry zone, immediately cut your losses and exit. It's better to miss out than to lose money. The market moves quickly, so set your stop-loss points in advance and avoid regretting it when the trend reverses.
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SmartContractPhobia
· 12h ago
That's right, you really need to be ruthless in executing stop-losses, or you're just fighting yourself.
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tx_or_didn't_happen
· 12h ago
Alright, alright, it's another small position test, another batch exit. I'm so tired of hearing it. By the way, if XRP really breaks 2.07 this time, I'll do a live stream eating my keyboard.
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HashRateHermit
· 12h ago
It's the same pattern again, 2.11 to 2.13 entering empty? Why do I feel like these numbers change every day?
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GasFeeLover
· 12h ago
Going short again? Bro, last time you did this, you got liquidated directly.
XRP's recent trend is quite interesting. From a technical perspective, the 2.1100 to 2.1300 range is a good entry point, and you might consider a light position to test the short-term opportunities.
If you enter successfully, set the first profit target around 2.0900. When it reaches this level, don't be greedy—take half of your position off to lock in gains. Hold the remaining part and consider exiting at around 2.0700 to maximize your profits.
Risk management should always come first. Remember: once the price breaks above the upper boundary of the entry zone, immediately cut your losses and exit. It's better to miss out than to lose money. The market moves quickly, so set your stop-loss points in advance and avoid regretting it when the trend reverses.