Trade Reflection: XRP/USDC

Caught a strong move on XRP/USDC — price surged from a consolidation zone and hit a local high of 3.6639 before pulling back to 3.1831. I took profit on the way up, securing gains as price hit major resistance. The 7-day MA showed a sharp incline, confirming bullish momentum early on, while volume spikes supported the breakout.

However, the fast drop post-peak is a reminder that parabolic moves don’t last forever. Momentum was great, but overextension above the 25 and 99 MA eventually led to a healthy correction.

Lessons:

✔️ Always take partial profits on the way up

✔️ Respect resistance zones

✔️ Volume confirms conviction — watch it closely

✔️ Moving averages can be your best early signal when aligned

Overall, a solid trade backed by price action and volume. Staying patient and waiting for setups like this is key. No FOMO — just discipline.

#CryptoTrading #Binance #TradingPsychology #TechnicalAnalysis #RiskManagement $XRP