💥💥$XRP BREAK THE 1D FRAME BLOCK AT 0.63 USD!
Bitcoin corrected but XRP was very stubborn, and continued to break important barriers in the daily frame to rise to the 0.65 USD mark.
Anyone who injects another shot order at 0.6 USD has a chance of being bitten by a stop loss of about 7%.
🤔In the 1W large frame, XRP price is actually still sideways in the range of 0.4 - 0.7 USD, without any breakthrough in the past 2 years. I think this situation will continue until the general market warms up again, and the lawsuit with the SEC officially ends.
STILL CURRENT? => XRP is still the "storm warning bird" and is considered by the community as a technical indicator whenever the market is about to go red.
👉Buy your seat belts, if XRP increases sharply, you'll see BTC dumping coins😵😵
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PLAN SHORT XRP FOR SHORT TRADE LIKES:
Entry: 0.72u
Stoploss: 0.77u (minus 7% with 1X leverage)
TP: 0.6u
R/R'= 1/2
🔥Note: Newbies should not use financial leverage, absolutely comply with the stoploss price. In addition, you should only spend about 20% of your capital to trade, to maintain reflexes with the market. When the market drops, it is an opportunity to buy coins at cheap prices. You should preserve your capital instead of constantly buying and selling.
