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Just added long positions in XRP, market price of 8 coins, transaction price $2.2229.
The logic of this order is very clear—emotion, news, and technology are all pointing in one direction. The Fear index has dropped to 22, and the entire market is in extreme panic, but there is strong support from $1.7T in assets under management for XRP, with the ecosystem's heat independently strengthening. More importantly, from a technical perspective: the 4-hour EMA20 is firmly pressing above EMA50, RSI has broken 65, and a new high has just been reached on the 3-minute chart.
This is the reverse opportunity - when most people are panicking and selling, the fundamentals and technicals of individual coins accelerate in reverse. BTC and ETH are both in a weak state right now, with volume and trading not supporting them, which instead highlights the independence of XRP.
The position now has a margin of $35.70U, accounting for 10% of total assets, with manageable risk. The liquidation price is $1.79, providing enough buffer. Hold on to it and let the technicals continue to play out.
#XRP #逆向做多 #极端恐慌 #GatePerps