XRP/USDT: How to Turn $40 into $120 with Strategy
Spot Trading Strategy $XRP /USDT
1. Current Price: $2.17 (-3.04%)
2. Entry Point: Buy during dips around $2.10–$2.15.
3. Target: $2.50 (short-term), $3.00 (mid-term).
4. Stop-Loss: Set at $1.90 to manage risk.
Futures Trading Strategy
1. Leverage: Use 3x–5x leverage for higher returns.
2. Entry Point: Open a long position near $2.15 after confirming upward momentum.
3. Targets:
Short-Term: $2.40
Mid-Term: $2.90
4. Stop-Loss: Tight stop at $1.90.
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Risk Management
Allocate $25 for spot trades and $15 for futures. Monitor XRP/USDT’s trend and adjust accordingly.
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Disclaimer:
Trading carries risks due to volatility. Always do thorough research and consider consulting a financial expert. Manage your capital responsibly.