Just out of the oven, $XRP 24 hours up 8.09% to 1.4880, straight up to the upper edge of the descending structure—the US session is crucial.
Don’t rush to shout “breakout.” Once it hits the resistance level, it’s most likely to attract chasing longs and provide liquidity to the main players; if it doesn’t hold, this 8% could also turn into fuel for a bull trap.
If you want to play it, wait for a pullback to confirm, then enter in batches—don’t go all-in.
Hold the spot firmly; use contracts with stop-loss. Being stubborn against the single-side order during a wick insertion is the dumbest move.
How many days can this move last? Optimists deduct 1; cautious folks deduct 2
#Write2Earn #BinanceSquare #XRP Ripple #Futures
Don’t rush to shout “breakout.” Once it hits the resistance level, it’s most likely to attract chasing longs and provide liquidity to the main players; if it doesn’t hold, this 8% could also turn into fuel for a bull trap.
If you want to play it, wait for a pullback to confirm, then enter in batches—don’t go all-in.
Hold the spot firmly; use contracts with stop-loss. Being stubborn against the single-side order during a wick insertion is the dumbest move.
How many days can this move last? Optimists deduct 1; cautious folks deduct 2
#Write2Earn #BinanceSquare #XRP Ripple #Futures
