Coin Name: $XRP
Position: LONG
Entry Price: 2.3650
On the 1-hour timeframe, XRP is forming a symmetrical triangle pattern. Additionally, the RSI has moved into the supply zone, suggesting potential upcoming volatility. If XRP breaks above the upper trendline with strong price action and volume confirmation, a successful retest of that breakout level could present a solid long opportunity.
Please note: This is not financial advice. Trade at your own risk.
On the 1-hour timeframe, USDT.D is forming a descending triangle ā a typically bearish pattern. If it breaks below the lower trendline, it could signal increased risk appetite, potentially triggering a bullish move across the crypto market.
Leverage:
Targets:
1st TP 2.3607
2nd TP 2.390
3rd TP 2.4600
š Special Note:
ā ļø Use only 5% of your portfolio š¼ to manage risks effectively. Avoid high leverage š« and proceed cautiously to mitigate potential losses š. Always prioritize risk management and use the DCA method ā
.
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