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$XRP
Looking at this XRP chart today, honestly, this is a masterclass on why patience is truly a virtue in this field. We see it climb to 1.4570, then the market takes a deep breath and pulls back. This reminds us that green candles are great, but the real plan is made during consolidation periods.
I am observing MA7 (1.4262) and MA14 (1.4276) beginning to flatten above the current price. It feels like we are in a “wait and see” phase. Here is my interpretation:
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• Entry point: Focus on the current level of 1.4236. If we hold steady here, it seems like a good entry point.
• Target: Aim to regain MA28 (purple line) at 1.4305, with the ultimate goal of retesting the 24-hour high of 1.4570.
• Stop loss: Stay safe. If it breaks below the recent support level of 1.4133, the outlook will change, and I will exit. #GateSquareMayTradingShare