XRP/USDT Trading Plan: A New Wave is Forming?

In the context of the crypto market heating up, XRP is sending attractive technical signals for a potential breakout. Below is a detailed trading plan for investors who are following this coin! ✅ Buy Zone (Entry Zone): $3.10 – $3.25 This is a good accumulation price range to enter a buy order, based on the (continuation setup) trend continuation model. When the price adjusts to this range, the market may create a strong rebound if the uptrend continues. ⛔ Cắt Lỗ (Stop Loss): $2.70 Set a stop-loss order at $2.70 to manage risk if a reversal scenario occurs. This level is below the nearest support zone, helping you limit losses within a controlled range. 🎯 Profit Target (Take Profit Targets) Target 1 – $3.80 📍 👉 When the price hits this level, move the stop-loss to the breakeven point (entry) to preserve capital and eliminate risk. Target 2 – $4.50 🎯 👉 The trading position is starting to become extremely profitable. You can take some profit here. Target 3 – $5.80 🚀 👉 This is the expansion goal if the market explodes. It requires patience and follow closely. 📊 Risk/Reward Ratio (R/R Ratio): Minimum 3:1 For every unit of capital you risk, you are expecting to receive at least 3 times back in case of success. This is the optimal ratio for profitable trading in the long run. 🔄 Order Management Strategy After reaching Target 1, move the stop-loss to the purchase price to eliminate risk. You can divide the position to take profits in parts at each target milestone. Always follow the trading volume and market fluctuations to adjust the strategy in time. ⚠️ Final Notice The crypto market is always highly volatile – be prepared mentally for any scenario. Always do your own research ( DYOR – Do Your Own Research ) before placing an order. This is not financial advice. You are responsible for your own decisions. 🔔 Trade with a plan – not by emotions!