Wait for adjustments at support levels 3.10–3.20 USD (near MA(7)).
If the price adjusts deeper, place a buy order in the range of 2.85–3.00 USD (strong support area).
Trading volume:
Allocate capital according to the DCA (Dollar-Cost Averaging) strategy: Split the capital into 3 parts to gradually buy, avoiding the risk of buying at the peak.
Selling strategy:
Target price range:
Take partial profits at 3.40–3.50 USD (nearest resistance area).
If the price continues to rise strongly, take additional profits at 3.80–4.00 USD.
Risk management:
Set a stop-loss order below 2.70 USD if the price drops sharply and breaks the upward trend.
---
2. Medium-term trading plan
Hold strategy:
Conditions:
XRP continues to maintain an upward trend with stable trading volume.
Price breaks above 3.50 USD and stays within this range.
Price expectations:
Medium-term target: 4.50–5.00 USD in the coming weeks, if the long-term upward trend remains intact.
Risk management:
Set a stop-loss order at 2.50 USD to limit risk in case of a market reversal.
Monitor news related to Ripple (XRP), especially legal updates or new partnerships, as these are major factors affecting the price.
#PEPE❤ There is plenty of money to play with in the cryptocurrency market. I had all my hopes up for Pepe. Please give me more motivation. let's say pepe will take me out of poverty. Please support me and pepe mentally.$PEPE
buying SHIB at the present time may not be the best choice. The downtrend in both the short and long term, along with the lack of strong support from the MAs, suggests that the price may continue to decline. If you consider investing, monitor further to look for signs of recovery or trend reversal before deciding to buy.
The price fell sharply from around 0.00002240 to around 0.00002207, with no apparent signs of recovery thereafter.
In this context, if you are considering investing in SHIB, you should be cautious and closely monitor market signals and price fluctuations further. If there are any positive signals, such as a reversal of moving averages or a significant increase in trading volume accompanied by a price increase, it could be considered an opportunity for a price recovery. However, based on the current data from the chart, SHIB may not yet be ready for a strong price recovery.