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Good is coming, don't sell
$XRP Price Analysis: Sharp Drop as Bears Take Control.. Big Drop.. Really Huge Bearish Momentum.. 20% Loss in the Past Week..
Ripple (XRP) is trading at $1.9879, having seen a massive 17.46% drop in the last 24 hours. After touching a 24-hour high of $2.4180, $XRP has dropped to a low of $1.9879, indicating intense selling pressure and bearish market sentiment.
Key Levels to Watch:
Support: $1.95 – This is a critical level, and a drop below $XRP could lead to a test of $1.80.
Resistance: $2.20 – Bulls need to reclaim this area to attempt any meaningful recovery.
Trade Setup:
Entry Point: Around $2.00 for short-term recovery opportunities.
Targets:
1. $2.20 (immediate resistance)
2. $2.40 (key recovery area)
Risk Management:
Stop Loss: $1.90 to effectively manage downside risk.
Market Overview:
XRP’s sharp decline highlights growing bearish dominance, but the current price level could attract buyers if the support at $1.95 holds. Traders should watch for increased volume and potential signs of a reversal before committing to positions. Extreme caution is advised in such volatile conditions.
#Write2Earn!
Ripple (XRP) is trading at $1.9879, having seen a massive 17.46% drop in the last 24 hours. After touching a 24-hour high of $2.4180, $XRP has dropped to a low of $1.9879, indicating intense selling pressure and bearish market sentiment.
Key Levels to Watch:
Support: $1.95 – This is a critical level, and a drop below $XRP could lead to a test of $1.80.
Resistance: $2.20 – Bulls need to reclaim this area to attempt any meaningful recovery.
Trade Setup:
Entry Point: Around $2.00 for short-term recovery opportunities.
Targets:
1. $2.20 (immediate resistance)
2. $2.40 (key recovery area)
Risk Management:
Stop Loss: $1.90 to effectively manage downside risk.
Market Overview:
XRP’s sharp decline highlights growing bearish dominance, but the current price level could attract buyers if the support at $1.95 holds. Traders should watch for increased volume and potential signs of a reversal before committing to positions. Extreme caution is advised in such volatile conditions.
#Write2Earn!
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Sound words, don't sell, and if you have money, strengthen it before the market goes down further.
$XRP Man, I lost a lot because of this decline. Should we sell and stop the loss or be patient? I hope you can help us.
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This man understands
🔴 Don't get upset or rush and listen to me carefully 🔴
If you bought currencies and are currently losing due to the decline, here are some ways and tips to correct your situation:
Don't sell at a loss: If you don't need the money now, wait. The market is always fluctuating, and it may rise again in the future.
Review your situation: See if the currency you bought has a strong project and future. If its situation is good, be patient with it.
Don't add more: Don't try to support the currency by buying more now. Wait until the market starts to improve.
Learn from experience: Analyze why you entered and what mistake you made (such as entering at a high price or without a plan). So that you don't repeat the same mistake.
Think long-term: The digital currency market is volatile, but if the currency is strong, long-term investment may be better.
In short: Be patient, don't sell at a loss, and don't add new investments now, and focus on learning and planning for the future.
If you bought currencies and are currently losing due to the decline, here are some ways and tips to correct your situation:
Don't sell at a loss: If you don't need the money now, wait. The market is always fluctuating, and it may rise again in the future.
Review your situation: See if the currency you bought has a strong project and future. If its situation is good, be patient with it.
Don't add more: Don't try to support the currency by buying more now. Wait until the market starts to improve.
Learn from experience: Analyze why you entered and what mistake you made (such as entering at a high price or without a plan). So that you don't repeat the same mistake.
Think long-term: The digital currency market is volatile, but if the currency is strong, long-term investment may be better.
In short: Be patient, don't sell at a loss, and don't add new investments now, and focus on learning and planning for the future.