[Technical Background]
Daily Chart: XRP has broken through the previous range consolidation area, short-term moving averages are in a bullish arrangement, MA5 and MA10 have golden crosses moving up, strong support, MACD is slowly increasing above the zero line, bullish in the long term.
4-hour Chart: Short-term pullback near MA10 has stopped falling, maintaining the key support level around 2.22, expected to form a 'right shoulder' rally structure.
1-hour Chart: Just broke below short-term support forming a trap, after a decrease in volume, signs of stabilization appear, short-term bullish momentum may restart.
[Long Position Strategy Settings]
Entry position: 2.237 (current range consolidation lower edge, previous low support)
First profit target: 2.27
Second profit target: 2.305
Stop-loss level: 2.185
⚠️ With a leverage of 75 times, the profit risk ratio for stop-loss is still efficiently controlled, strictly control slippage to avoid liquidation. #特朗普就职百日 #INIT #BNB #ETH #BTC $BTC $XRP $SOL
