The fluctuation patterns of $XRP and BCH are very similar, usually rising quickly after a long period of consolidation. For this type of established altcoins, the recommended operating strategy is: give up contract trading, deploy spot stocks in batches at structural lows, and wait patiently for an explosion.

Taking XRP as an example, in the past 917 days, the price has been sideways for most of the time, and significant upward trends have only occurred twice, lasting about 12 days in total.

The first time was on July 13, 2023, when XRP's single-day increase reached 96%, but then the price fell back to the original point.

The second time was the recent rising market, which lasted for about 10 days. Unlike the previous time, the price did not fall back in a "one-day trip" style, showing stronger sustainability.

By the way, there is a large sell order for XRP at 1.0722, please pay attention. #超级MEME周期？ #新币挖矿你参加了吗？ #XRP短线上扬 #市场回调，观望还是上车？ #交易所BTC储备量创2018年以来新低