if you set a stop loss, it is most likely that you will get liquidated and then it will rise again, because that is what whales like to do, liquidating investors by breaking the resistance
Crypto Huntime
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😞 Massive Loss on XRP: What Went Wrong and What’s Next? 😴
During the $XRP hype a couple of months ago, I bought 20,298.33 XRP at an average price of $2.93, with a total investment of around $59,500. At the time, I was hoping for a big rally as the legal battle with the SEC seemed to be going in Ripple's favor. However, XRP is now trading at $2.50, and my holdings have dropped to $50,900, leading to a loss of about $8,700. 😔
🤔 What’s Next?
✅ I'm considering Dollar-Cost Averaging (DCA) in XRP’s long-term potential, buying at lower levels could help me average my entry price for a potential future rally when the market picks up.
✅ I have set a price alert for $2.20: If XRP breaks below $2.20, will consider cutting position or placing a stop-loss to limit further losses. As a price drop below this level may signal more bearish movement ahead.
If you are also in a loss buying XRP at a higher price, it's important to stay alert and make moves based on new market trends and news. What’s your strategy in this situation? 👇👇
SORRY!! You are not making me selling My $XRP . only whales and institutions are selling to try to plant the seed of fear among retail investors! Nice try! #notselling
CRAZY Theory 🤔🤔?? Step 1: spread the fear among investors with Michael Saylor and ponzi scheme with Bitcoin sending him to jail, taking most altcoins down also.
Step 2: Most stock indexes (S&P, DOW, NASDAQ, etc.) go down taking crypto Even lower.
Step 3: General crisis along with mounting inflation.
Step 4: All Big players take 80% of major cryptos
Step 5: index all goods and stocks to crypto, sovereign reserve, making a generalization of use and skyrocketing the prices now that they took all the cake.🚀
🚀🚀☠️☠️ many Say that cryptomarket is about to collapse, But what I think is that it Will get DENSE, what I mean is that is time to rise or die! #cryptodensity many Will fall and a few Will survive I trust in XRP Projects, it Will rise!! $XRP
🤔 what is pumping up the market today? when there are no news and the market goes up or down strongly usually means Big actors taking position for news that are still cooking! pay ATTENtION # $XRP #USStateBuysBTC
It may be testing resistance to confirm the movement, but if it coincides with a megatrend nothing will stop it.
El vergas del trading
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Hello trading guys, this time I bring you an analysis of $ADA I share this analysis as an example of what we almost always go through when we analyze the markets, there are times when we have two opinions of what could happen. A few weeks ago, analyzing Cardano, I had detected that a head and shoulders was being created on the chart, even the RSI had left divergence and when it broke the figure downwards, it was confirmed that Cardano would start to fall until it reached 0.63 and during the days it was going down as you can see in the first capture. But looking at the chart as of today we can see that the price is going up and there is the dilemma and we ask ourselves: will the trend change figure not work this time? or is it just doing the pullback and then it will continue to go down?
Now I share with you how this analysis can totally change your perception of the market In the following screenshot the entire analysis changes now we have a bullish trend continuation wedge that has broken the upward trend line and the price has already retraced 61% of Fibonacci so we could say that the price is going to rise to 1.53. So we go from bearish to bullish.
And now what do we do? My recommendation is the following:
If you have bought Cardano, stay firm until you reach 1.53, only change your mind if the price falls below 0.80
If you have sold Cardano, like me, I stay firm if the price does not exceed 1.10 $ADA
Note of every 10 analyses that I do, I get 5 right, the difference is that when I get it right I win between 2 to 3 times than when I lose
$XRP ATTENtION About ISO 20022 I think people is confused, that is NOT a global payments system, is IS only a standard that Banks should comply in order to be transparent, and more efficient, something like ISO 9000 that is a standard for documentation to Ensure Quality control in processes, there are many other standards. It is useful though, to integrate with current and future financial actors, But don't get it wrong. #XRPArmy
The world of cryptos is new to me, not the investment world. I think that like all of them, if you look at the medium term, XRP and XLM are the future. Always DCA.
Regarding this, the article from the International Settlements Bank, called "Crypto Multiplier" Tells us that a Crypto increases MORE when you keep it as a store of value than when you use it as a means of exchange, and it makes sense since when you hold it, it decreases the supply and demand must pay more for each available coin. 23484697855 71913333592 let's hold TOGETHER 🚀🚀
undershadow
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Bullish
Update!!! We just broke the technical pattern and the fundamentals remain strong🚀🚀
$XRP a Congratulations To EVERYONE Who has endured the attacks from those who want us to sell, I am NOT going to sell until doing so changes my life, I have said 🙏🏻✌🏻🫡 #XRPArmy #cryptodensity