$XRP is currently down 1.48%—and it’s down more than 2%. Late-night pullbacks just directly slapped the people who were shouting to go for 2 bucks earlier today. If the Evernortht SPAC shareholders redeem their shares this week, then the “bullets” to buy $XRP afterward will most likely shrink.
Right now, the market is clearly using the news to shake out positions. The spike earlier in the session was the main players swapping hands, dumping the chasing retail traders off the train—don’t be foolish enough to become the bag holder.
If you want to participate, wait for the daily chart to pull back to around the 1.4 support area and enter in batches. Hold your spot firmly and don’t get shaken out by a needle-like wick. For contract players, don’t use leverage too high—set your stop-loss properly.
In this sector, do you like the $XRP leader more, or the “catch-up” play (the laggards)? Leader: deduction 1; catch-up: deduction 2
#Write2Earn #BinanceSquare #XRP ETF #TradingTournament
Right now, the market is clearly using the news to shake out positions. The spike earlier in the session was the main players swapping hands, dumping the chasing retail traders off the train—don’t be foolish enough to become the bag holder.
If you want to participate, wait for the daily chart to pull back to around the 1.4 support area and enter in batches. Hold your spot firmly and don’t get shaken out by a needle-like wick. For contract players, don’t use leverage too high—set your stop-loss properly.
In this sector, do you like the $XRP leader more, or the “catch-up” play (the laggards)? Leader: deduction 1; catch-up: deduction 2
#Write2Earn #BinanceSquare #XRP ETF #TradingTournament
