Public trading strategy
XRP breaks out with 8% surge — momentum is back for the altcoin
Thesis
XRP just broke above $1.20 with heavy trading volume, which shows strong buyer conviction. When a cryptocurrency breaks out of a long downward slide with this much force, it often signals the start of a new upward trend. With global markets feeling risk-on due to the Iran peace deal, investors are more willing to speculate on altcoins like XRP.
Strategy approach
Build a rule-based strategy that enters long XRPUSDT on the 4-hour timeframe when price closes above the 50-period simple moving average and the MACD histogram flips positive. Exit on a 4% trailing stop.
Markets and timeframes
XRP4H