XRP surges to 1.60 for the first time in eight months. As it breaks above the previous high, on-chain activity has picked up as well. The volume, price, and on-chain data line up—this kind of breakout confirmation is quite typical; you can’t get this effect with emotion alone.
Current price: 1.57, exactly within the pullback range after the breakout. In terms of strategy, treat 1.55 as the line between long and short: if the daily chart holds above it, the breakout is considered valid; if the price closes back below 1.55, the breakout fails and you should cut the loss and exit.
Enter in two batches: first test the position around 1.55 on the pullback; then, if volume increases and price re-stabilizes above 1.60, add again. #XRP
Current price: 1.57, exactly within the pullback range after the breakout. In terms of strategy, treat 1.55 as the line between long and short: if the daily chart holds above it, the breakout is considered valid; if the price closes back below 1.55, the breakout fails and you should cut the loss and exit.
Enter in two batches: first test the position around 1.55 on the pullback; then, if volume increases and price re-stabilizes above 1.60, add again. #XRP