Thai, I'm looking to put a portion of my capital into SOMETHING, and leave it there.
Do you think it's a bad idea to do this?
thaitraderoficial
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$XRP UPDATES - Good evening, ninjas!
This afternoon, those who were in the live stream witnessed a massive liquidation in the market, from those who operate leveraged in Futures. This wave of liquidations heavily impacted #XRP , with a significant volume of long positions being closed, totaling around 300 million dollars so far. That's a lot!
This movement helped pull the price of XRP to the pullback area that we have been monitoring. In any case, the asset already needed to correct to this zone, and now it is respecting the analysis, with a pullback between the regions of 3.2 and 2.9.
As long as the price respects this pullback zone, the scenario remains constructive for those positioned in spot. All good so far.
📍 Just maintain the position, for now, nothing new.