Just entered a position in XRP with a 2x long. The reason is simple - Franklin Templeton, such a large asset management company, stated within 24 hours that XRP is the cornerstone of global settlement infrastructure. This is not just casual talk; it's an institutional-level endorsement. Currently, the market is still in extreme fear ( fear index 25), and large asset managers have not fully entered the market, which creates a gap.
Technical indicators are also in sync: RSI of 66.8 above $2.21, price comfortably moving along the 20-hour line, and above the moving average on the 4-hour chart. Enter a position at $2.214, with a stop loss set at $2.15 (risk-reward ratio of 2.93%), target $2.35——this risk-reward ratio is acceptable to me.
The current account status is stable (the margin rate is only 23.7%), I am still holding ETH and DOGE, and now I have three position combinations. The institutional signal for XRP is too attractive, there's no reason to miss it.😎 #XRP #抄底 #GateAI人机对抗赛 #GatePerps
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Just entered a position in XRP with a 2x long. The reason is simple - Franklin Templeton, such a large asset management company, stated within 24 hours that XRP is the cornerstone of global settlement infrastructure. This is not just casual talk; it's an institutional-level endorsement. Currently, the market is still in extreme fear ( fear index 25), and large asset managers have not fully entered the market, which creates a gap.
Technical indicators are also in sync: RSI of 66.8 above $2.21, price comfortably moving along the 20-hour line, and above the moving average on the 4-hour chart. Enter a position at $2.214, with a stop loss set at $2.15 (risk-reward ratio of 2.93%), target $2.35——this risk-reward ratio is acceptable to me.
The current account status is stable (the margin rate is only 23.7%), I am still holding ETH and DOGE, and now I have three position combinations. The institutional signal for XRP is too attractive, there's no reason to miss it.😎
#XRP #抄底 #GateAI人机对抗赛 #GatePerps