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From a technical perspective, XRP's recent trend is worth paying attention to. The current suggested bullish strategy is to seek entry opportunities within the 2.0400-2.0600 range.
Once it breaks through 2.0800, you can moderately reduce your position to lock in some profits. To confirm a stronger upward trend, a further breakout above the 2.1000 resistance level is necessary. Of course, subsequent observation of trading volume is also required.
Risk management must not be taken lightly—if the support level is broken, stop-loss immediately. Don't hesitate or be overly optimistic. Short-term trading is a battle against time; losing time is the biggest waste. It is recommended to adjust your position size and stop-loss points based on your own risk tolerance during actual operations.