【Let's put it bluntly: XRP is not going up now, and it's highly likely to chase high later】
I watched XRP for a while during the trading session, and the structure is more stable than I imagined.
To be honest, I'm a bit tempted by this position. The current price is hovering around 1.84, with the RSI just above 40, not strong but not weak either; it's the kind that quietly lifts its leg if you don't pay attention to it. The market hasn't moved much in recent days, but XRP has maintained this area without crashing down, and the retracement's extent and rhythm have been quite restrained, at least indicating that someone is buying at the bottom. If this kind of consolidation happened in the past, it would have been smashed through already.
Now, I think there are two possible paths. One is to continue to hover for two more days, wash out the short-term floating chips, wait for the moving averages to come up, and then use an emotional ticket or news node to shoot up directly. This would be the most comfortable approach, not rushing, suitable for those who can hold steadily and gradually increase their positions. The other is to suddenly increase the volume and make a push, but quickly fall back after the surge, creating a false breakout that makes you chase high and stand guard—this has happened before, and the seasoned players know it well.
But personally, I think being stable at this stage is better than a direct pull-up. After all, the previous round rose too quickly, and many people didn't even get on board. Now giving an opportunity for a retracement and consolidation is like issuing another ticket. Moreover, the RSI has not yet entered the overbought territory, and the technical aspect hasn't shown a top divergence; if a second wave is to happen, the space may not be small.
At this position, the stakes are quite high.
Of course, I won't go all-in. Who can guarantee that this market will definitely rise? What if regulatory news comes one day? I'll still be stuck. So my strategy is simple: try a little with a small position, if it stabilizes, hold on, if it breaks, cut it off, don't be greedy. After all, compared to those chaotic altcoins, XRP's trend is already quite clear.
To put it bluntly: if you don't get in now, you're likely to chase high later. I'm not calling for a buy, but this structure does have that kind of implication. As for whether you believe it or not, that's up to you. In any case, I've already left some room in my account.
