Search results for Crypto Michael
Crypto
XRP may rise again as trader says real rally starts now
Crypto trader Crypto Michael raised the possibility of further gains in XRP, saying recent charts point to another bullish phase and urging holders to prepare for a strong rise. He did not share the chart, citing a promise to members of his trading group, leaving no public price target. XRP is trading around $1.50 after pulling back from above $1.65. Michael has maintained a long-term bullish view and reiterated it through recent market swings.
Crypto
XRP return tops 830 percent but trader keeps 20-times long position
Crypto trader Crypto Michael said he is still holding an XRP long position entered last month as of Sept. 19. The Crypto Basic reported he posted a screen showing a 20-times leveraged XRP/USDT perpetual futures position. The screen showed an entry price of $0.9918, a mark price of $1.4036 and a return of 830.51 percent. The article noted the return reflects leverage and implied an underlying gain of about 41.5 percent.
Crypto
XRP rebound signals grow as $1.90 to $2.10 zone becomes pivotal test
XRP may rebound to around $2 as it nears the end of a months-long falling-wedge pattern, a market analyst wrote. Crypto Michael said XRP could break out of a price-convergence range that has lasted since November 2024 and said he is accumulating at current levels. He identified $1.90 to $2.10 as the next target and a key support zone, while on-chain indicators such as rising new addresses and a wider whale-retail spread were cited as supportive factors.