💥💥THE STORM BIRD $XRP SPEAKS OUT AGAIN!!! 😫😫
Long and short, pay special attention! XRP increased by 30% again early this morning. If we consider the panic sell bottom last weekend, the XRP price has recovered by a total of 50%.
🤔This price reaction may come from positive news when a US judge decided that Ripple only had to pay $125 million in compensation to officially close the lawsuit that lasted more than 4 years with the Securities and Exchange Commission (SEC).
👉In case the lawsuit ends soon, I believe XRP will continue to break out. However, like hundreds of times before, every time XRP increases rapidly, the general market and Bitcoin are on fire again.
Reminder for you guys, on July 31, XRP price showed signs of breaking the 0.65 USD barrier, after that the entire market faced a very strong crash.
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Regarding the strategy with $XRP , long-term holders can calmly collect more when the price returns to the 0.46 USD zone. Yesterday, someone asked me if XRP 0.4x USD can be bought, I wonder if you have DCA yet? 🤔
As for long and short, the 2 support - resistance levels on the 1D frame of 0.42 USD and 0.65 USD continue to be the base price zone for you to place orders.
👉However, I really advise F0 guys to wait until they touch future margin, experienced guys should only use x5 leverage or less. Because there is no guarantee with the current unpleasant market situation, you can control your emotions well and follow the risk management rules when trading.
====> At this time, 1 USD of capital is also very important. PROTECT YOUR CAPITAL BEFORE THINKING ABOUT PROFIT!
💥Anyone who is on the XRP boat, please comment below to find teammates 😎😎😎
