XRP (Photo: Shutterstock)

[DigitalToday reporter Yoonseo Lee (이윤서)] With XRP recently pushed down to around $1, a step-by-step profit-taking strategy targeting levels in the $7 range has been presented.

The strategy views the downturn as an opportunity to buy in tranches and lays out a staged selling plan targeting as high as $7.2582, The Crypto Basic said on Tuesday.

The core is splitting both entry and exit into multiple levels. XRP rebounded to $1.18 but then fell for 3 consecutive sessions on an intraday basis. It extended the run to 4 consecutive sessions and has been pushed back to $1.09. The strategy says it is possible to enter at lower prices even in this weak trend and is designed to deploy planned investment funds across 3 tranches.

The highest entry band is $1.35 to $1.36. It allocates 25 percent of total funds to that band. XRP is already below that price level.

The second band is $0.90 to $1.00, also structured to deploy 25 percent. The final band is $0.55 to $0.65 and assigns 50 percent, half of total funds. By placing the largest weight at the lowest price band, it seeks to lower the average purchase price and increase room for profit if the price falls further and then rebounds.

The rebound range was calculated using a Fibonacci extension model based on $0.2411, presented as a long-term bottom. The first major profit-taking band is $4.9192, where it meets the 4.0 Fibonacci extension level. If that level is reached, the plan calls for selling 80 percent of holdings.

The remaining 20 percent is structured to be fully sold at $7.2582. The $7.2582 level corresponds to the 6.0 Fibonacci extension level and was presented as the final profit-taking price.

The profit structure presented is relatively specific. For example, with a total investment of $10,000, deploying 50 percent in the $0.65 band allows the purchase of 7,692 XRP. Putting 25 percent into the $1 band buys 2,777 XRP, and deploying the remaining 25 percent in the $1.36 band buys another 1,838 XRP. Total holdings would be 12,307 XRP.

Under the profit-taking plan, selling 80 percent, or 9,845 XRP, at $4.9192 would secure $48,433. The remaining about 2,461 XRP would be sold near $7.25 to add $17,845. The calculated total amount recovered exceeds $66,000.

The profit scenario holds only if XRP actually rises to $4.9192 and $7.2582. Based on the current price, it assumes a sharp rebound, meaning these targets are valid only under a specific price path and rebound assumption. In the XRP market, a bear market has continued for 10 months, and it needs further verification whether the bottom-buying strategy and staged selling plan at highs will match actual market moves.

Keyword

#XRP #The Crypto Basic #Fibonacci extension #0.2411 dollars #7.2582 dollars
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