Cerdo_2024

👀 Is XRP ready to soar? "Bull flag" on the chart points to a target of $14

XRP is gaining momentum: open interest in futures has risen by 25%, and a classic "bull flag" is forming on the weekly chart. If confirmed, the price could rise nearly 6 times.

➡️ What is happening with XRP?

🟡 The price has risen to $2.43 — up 4% in the last 24 hours

🟡 Open interest in XRP futures increased by $1 billion — +25% in one day

🟡 The perpetual funding rates turned positive: +0.0126%

This indicates renewed interest from derivatives traders and greater confidence in the continuation of the bullish trend.

➡️ Why does this matter?

🟡 A similar increase in open interest occurred in early March when XRP was included in the Trump administration's crypto reserve initiative. At that time, the price rose by 36% and open interest jumped by 46%.

🟡 Now the technical scenario is repeating itself. The weekly chart shows a bull flag, with resistance at $2.48. A close above this level could pave the way for $14–$14.50.

➡️ What do analysts say?

🟡 Support levels: $2.20–$2.30, aligned with moving averages

🟡 The RSI has returned from the 50 zone — a sign of trend recovery

🟡 XRP is maintaining the monthly and quarterly VWAP levels: $2.32 and $2.27

🟡 The next target is to break the VWAP of the all-time high at $2.47

Analyst Dom believes that this level is the trigger for a new bullish momentum. If the bulls hold the current supports and break $2.48, the market may be on the verge of starting a true parabolic run.
#Xrp🔥🔥

What strategy do I use to always stay positive in the market?

I call it Future Hold and so far it has given me a lot of security in trading.

And how does it work?

I have 5% of my capital in futures, and the rest in hold, I don't sell it, I just keep it saved, but I always trade the 5% in sell.

Let me explain: BTC is at 100k, if it reaches 109k I will be liquidated in the future, but I will have earned 3 or more times on it to make up for the loss in the future.

If the market falls and I win in the future, I use the amount to buy more BTC and increase my amount in hold, in the end, I don't lose, especially since I didn't sell the BTCs since they are down.

What do you think of this strategy?

BTC is reaching its critical zone and traders are already going crazy.

In the last few months, we have seen a huge explosion in BTC, especially after Trump's death.

But like every big wave, it eventually falls, and at that moment BTC is looking for the 90k region. It is a difficult region to deal with and if it overcomes the resistance, it will reach 85k.

However, the chance of this happening is very low, with a greater chance of returning to the 100k region for new tests.

What will happen to BTC in 2025?

We are living in a time when the hand of lettuce is itching, and seeing daily drops in the currency, many holders get scared and sell, assuming the loss.

But what can we really expect from BTC?

At the end of the year, especially in December and January, many of the big players just withdraw the profits obtained in the currency,

1. To move the capital earned;

2. To reduce the price and buy back at a low price.

Look at the previous scenarios and we will go through the same cycles, my dears.

Don't sell your BTCs, especially at this time, it's time to buy and take advantage of the fact that they are cheap, hold on, the governments have already taken action and are creating reserves. The government fad now is BTC and with that the appreciation will be tremendous. $BTC