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The rise of Ripple's cryptocurrency will not be eternal and investors should already be preparing an exit plan. Using indicators and technical analysis patterns can help make decisions. The reverse DCA is a good strategy to take profits without guessing how high it will rise. Important clarification! At CriptoNoticias, we do not have a crystal ball nor will we tell you what day and at what time XRP will surpass its all-time high (ATH) of $3.65.
However, that does not mean that you cannot prepare a sales strategy to make rational decisions, rather than letting yourself be carried away by emotion or FOMO (fear of missing out) that the good performance of XRP can generate. #xrp Considering that Ripple Labs' cryptocurrency is a risky asset and is exposed to the macroeconomic context, it is important to remember that its bullish rally will not be eternal.
This happens because financial speculators prefer a stable environment when deciding to invest in risky assets like XRP. However, if the macroeconomic outlook becomes uncertain or geopolitical tensions arise, they tend to seek refuge in safer instruments, such as Treasury bonds, which offer lower returns but also lower volatility.
Therefore, instead of obsessively watching the XRP chart and updating the price every minute, what truly matters is having a plan.