Where is the road to $XRP? Operation strategy for the next few weeks!

Market Trend Analysis: Short-term Volatility: XRP has shown significant price fluctuations in recent weeks. According to market analysis, the price of XRP has recovered from the Monday decline and rose by about 8% on Tuesday, possibly due to anticipation of the upcoming SEC lawsuit against Ripple. Long-term Potential: Looking ahead, the potential of XRP largely depends on the outcome of the legal dispute with the SEC, changes in the regulatory environment, and its application in cross-border payments. Currently, the market holds an optimistic view of XRP's future, especially as the upcoming U.S. government policies may be more crypto-friendly. Trading Strategy: Short-term Trading: Given the recent price volatility, short-term traders may consider taking action when key support or resistance levels are broken. Particularly, significant price fluctuations may occur when important legal or regulatory news is released. Consider buying or selling when the price breaks $2.508 or similar key levels. Medium to Long-term Holding: If confident in XRP's long-term growth, investors may consider using Dollar-Cost Averaging (DCA) to average their cost, especially during periods of significant price fluctuations. Current analysis suggests that XRP may reach $10 or higher by 2028, providing potential returns for long-term holders. Risk Management: Regardless of the strategy chosen, risk management is key. Set stop-loss points to protect investments from significant declines, while staying informed about market news and macroeconomic factors, as these could swiftly impact XRP's price. The lawsuit between XRP and the SEC is ongoing, and any legal developments could have a significant impact on its price. Investors need to closely monitor relevant legal dynamics. Market Sentiment: Market sentiment and the overall performance of the cryptocurrency market directly influence XRP's price trends. Pay attention to changes in market sentiment, especially when key cryptocurrency policies or economic events occur.