Xrp reach $5?๐
" Remember we've already gain 120% gain on XRP "
According to technical analysis;
Targets:
Short-term: $2.95โ$3.00.
Medium-term: $3.20โ$3.50 (if breakout sustains).
For Short (Sell) Trades:
Entry Points:
Near $2.95โ$3.00 (if rejection confirms with bearish candles).
Stop Loss: Above $3.05 (to avoid fakeouts).
Targets:
Short-term: $2.50โ$2.60.
Medium-term: $2.10โ$2.20.
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Risk Management:
Leverage: Use low leverage (3xโ5x) due to high volatility.
Stop-Loss: 2% below support levels for long trades and above resistance for short trades.
Risk-Reward Ratio: Aim for 1:2 or higher.
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Price Prediction:
If XRP breaks above $3.00 with strong volume, the next potential target is $3.20โ$3.50.
A failure to break resistance could lead to a correction to $2.10โ$2.20.
Let me know if you need further insights or confirmation on this strategy!
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