🚨How to Enter a Trade with $XRP
_ Very good liquidity (24h volume close to 700M USDT), large market cap → less susceptible to strong whale manipulation than smaller coins.
~68% of tokens are in circulation, with ~31.7 billion XRP remaining in Ripple escrow (a maximum of 1 billion released monthly, but the actual net amount is around 200–300 million) → selling pressure is controlled, not too heavy.
The price is moving sideways below the MA7/MA25/MA99 cluster (~1.50–1.505). It had a strong pump up to 1.658 followed by a correction, and is now testing the MA zone again.
MACD is slightly negative, and volume is declining → buying pressure is not yet clear.
Conclusion: The medium-term structure is still sound, but short-term momentum is lacking. Wait for a clear breakout above 1.52–1.53 accompanied by volume before considering it strong (buy on the breakout and retest).
_If it stays below 1.48, it could easily fall back to lower support. (Sell then.)
$SOL
$BNB
#XRP #SOL
_ Very good liquidity (24h volume close to 700M USDT), large market cap → less susceptible to strong whale manipulation than smaller coins.
~68% of tokens are in circulation, with ~31.7 billion XRP remaining in Ripple escrow (a maximum of 1 billion released monthly, but the actual net amount is around 200–300 million) → selling pressure is controlled, not too heavy.
The price is moving sideways below the MA7/MA25/MA99 cluster (~1.50–1.505). It had a strong pump up to 1.658 followed by a correction, and is now testing the MA zone again.
MACD is slightly negative, and volume is declining → buying pressure is not yet clear.
Conclusion: The medium-term structure is still sound, but short-term momentum is lacking. Wait for a clear breakout above 1.52–1.53 accompanied by volume before considering it strong (buy on the breakout and retest).
_If it stays below 1.48, it could easily fall back to lower support. (Sell then.)
$SOL
$BNB
#XRP #SOL
