1. The current recommendation is to long on XRP, although the current trend shows signs of overextending, there are still opportunities to tentatively establish positions. Pay attention to the key support level of 0.038; if it stabilizes, it may continue to rise. Any pullback during the rebound presents a window to exit. 2. Position and Risk Management Recommendations: It is recommended to start with small initial positions, gradually adding to the position until support levels are confirmed. Stop-loss orders are suggested below 0.036, with take-profit targets at 0.042 and above. Focus on short-term trading and be wary of the risk of a rapid pullback due to excessive upward movement. 3. Adaptable to different trading styles: This strategy is suitable for a combination of aggressive short-term and conservative medium-term trading. It is driven by short-term technical catalysts, emphasizes quick entry and exit, avoids holding positions for too long, and uses pullback windows to buy on dips.
XRP: Summary of Jayson Casper Community Discussion (04:00:09 ~ 05:00:09)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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