🚀 XRP/USDT Trading Plan: Seize the Opportunity Before the Price Explosion!
After XRP's increase of +8.24% and reaching the level of 3.3243, strong technical signals indicate the continuation of the upward trend. This plan is designed to achieve sustainable profits with smart risk management:
🔹 Ideal Entry Point:
Upon a solid breakout above the resistance level of 3.34, it is preferable to enter after confirming a positive candle on the hourly or four-hour timeframe.
🔹 Profit Targets:
- First target: 3.42
- Second target: 3.50
- Third target (extended): 3.62
🔹 Stop Loss:
Below the support level of 3.25, to minimize losses in case of a trend reversal.
🔹 Technical Support for the Plan:
- The price is above all moving averages (EMA), reflecting the strength of the trend.
- RSI is in the positive momentum areas without being overbought, enhancing the likelihood of continued upward movement.
- Stochastic RSI and KDJ are in the reversal areas, supporting the idea of a strong bounce.
📌 Golden Tip:
Monitor trading volume and MACD closely, as the upcoming positive crossover could be the spark for the launch towards the higher targets. Don't hesitate to seize the opportunity… the market doesn't wait!
