Trading in Ripple ($XRP )… there’s a saying in trading that goes: “Climb the stairs up, but take the elevator down.” Do you get why they say that? Look at my chart and you’ll understand.

Yesterday, I read a lot of information (fundamental analysis) from various sources about what’s happening with #Ripple💰 ($XRP ), since I have a decent amount at a #Dca of $0.48, and the prices it’s been consolidating at are interesting enough for me to start looking at profits again. However, on Fridays, I generally set Stop Loss orders because my emotions tell me that markets tend to dip over the weekends and pick back up on Mondays.



For the technical analysis: Key support levels are $0.5800 and $0.5740, and the main resistance levels are $0.5880 and $0.5960.

Right now, in negative correlation with the rest of the crypto market, XRP has just "jumped" upwards, breaking through its resistance. But... it might not hold that level for long (due to psychological selling pressure and the weekend context), so I moved my SLs to lock in more profits in case of a pullback.

Remember, if you want to understand this whole crypto investment universe better, you know what to do! Talk to you soon! #TradingMadeEasy