if you set a stop loss, it is most likely that you will get liquidated and then it will rise again, because that is what whales like to do, liquidating investors by breaking the resistance

😞 Massive Loss on XRP: What Went Wrong and What’s Next? 😴

During the $XRP hype a couple of months ago, I bought 20,298.33 XRP at an average price of $2.93, with a total investment of around $59,500. At the time, I was hoping for a big rally as the legal battle with the SEC seemed to be going in Ripple's favor. However, XRP is now trading at $2.50, and my holdings have dropped to $50,900, leading to a loss of about $8,700. 😔

🤔 What’s Next?

✅ I'm considering Dollar-Cost Averaging (DCA) in XRP’s long-term potential, buying at lower levels could help me average my entry price for a potential future rally when the market picks up.

✅ I have set a price alert for $2.20: If XRP breaks below $2.20, will consider cutting position or placing a stop-loss to limit further losses. As a price drop below this level may signal more bearish movement ahead.

If you are also in a loss buying XRP at a higher price, it's important to stay alert and make moves based on new market trends and news. What’s your strategy in this situation? 👇👇

$XRP

#XRPRealityCheck #XRPPredictions #XRPRally #XRPFomo #XRPInsights