XPRUSDT trade ideas
XPR Network 1600% Bullish Wave Is Here (+Trading Tips)XPR Network (formerly Proton Chain) is preparing for a 1,600%+ price advance. This pair has been very active lately.
Good morning my fellow Cryptocurrency trader, I hope you are having a wonderful day.
Last week XPRUSDT produced some of the highest volume since the 2023 market bottom, and some of the highest buy volume ever. This means that the bulls are in/on.
A multiple years long resistance level is now being challenged and the conquering of this resistance will result in the biggest rise ever for this pair. It will be awesome. It is confirmed. It is happening in the coming months.
Bullish action has already been happening since August 2024 and this is no surprise. A large portion of the market produced a bottom on this date. Since the market is big, many pairs are already growing strong from this low, months and months growing, while other pairs continue to test and challenge support. Don't get me wrong, the pairs challenging support will also turn bullish in the coming days. The pairs already moving up we can simply assume will be part of the group that will move first.
Everything grows, so to say.
Build your strategy around a long-term time window and trading becomes very easy, there is no way to lose. If you lose or win it is completely up to you, why? Because you have to sell lower than bought to produce a loss, but a pair that moves lower can be held for long, until it moves, and in this case there is no loss.
Simple wait for your pair to recover.
If you want excitement, there are amusement parks available for all.
If you want money, trade smart; buy and hold.
When the pair you are holding is up you can consider taking profits and there are many ways to do so. Set a fixed number, say, after 50% or after 200-300% you can close a trade. Or you can sell portions at each target (resistance zone).
The important part is to plan ahead of time or else we can miss selling at the right time.
Do your research and enjoy life.
You are welcome and appreciated.
It is my pleasure to be writing for you again today.
Welcome to this moment now!
You are an eternal living being. There is nothing to worry about, life goes on, forever; there is plenty of time to grow and enjoy.
Endless experiences.
Thank you for reading.
Namaste.
XPR (Proton Network) Spot tradeShort-Term Trade Description for XPR (Proton Network)
Entry Level: $0.00135
Exit Strategy:
51% Exit: $0.0065
Remaining: As shown on the chart posted
Trade Duration: 1.5-4 months
Analysis and Factors Influencing XPR's Potential to Reach Above 1 Cent
1. Bullish Trends: If the broader cryptocurrency market experiences a bullish trend, XPR is likely to benefit from the overall positive momentum.
2. Social media attraction is rising which makes it ideal for me to bet on its price increase.
This is not a Financial advice folks, but im taking advantage of the market and the amount of investment is moderate as i'm not fully following this project.
Market observation shows that even shit coins are pumping like pepe and others, so given this proton network project might really have a future made me leverage the situation and benefit from the upcoming pump.
The duration of the trade is not precise and nor it reflect accurately the trade duration. But usually i trade spots on a flexible durations and calculate my risk to rewards on 4 months timeframe.
XPR - Loop the Loop ShakeoutBroke out but it has become a wild Loop-the-Loop shakeout with long wicks in both directions.
This can simply be a wipe-out to remove traders with stop losses / liquidation points and may not be significant to the overall trend.
An so this appears to be ok though not really desirable as long as it doesn't start falling below support.
If it does I will probably reduce my position.
But this potentially can be a wild consolidation of support to move on up 👍.
XPR - Proceeding With CautionIs holding the area and that upper wicked candle may be part of a continuation pattern rather than a pull back.
This one depends on your appetite for risk.
If it breaks above the red 200MA then it will likely have a big pump.
But I dont like that upper wicked candle because it is a liquidity move and that increases the chance of a pull back.
If I check in and see that price is pressing up against the 200MA then I may re-enter a small position. I have an alert set on the 200MA.
But for now there is too much risk to want to buy this here also considering that my other coins are doing well.
Also considering that if it gets back to the 2.272 potential entry then that would be a 21% discount / loss from here.
This btw is a common mistake that I used to make; getting too greedy when things are starting to go well.
But there really is no need.
Its still not off the table that XPR is a waterfall chart and will in the end go lower.
So I will wait to see more.
If I miss it I lose nothing and have funds to allocate elsewhere 🤨.
...
On the 4 hour chart this bounce is a dicey ascending channel. Its not really what I am looking for to have confidence in a move up.
It could yet pump from a pattern like this but I would like to see a sideways re-accumulative pattern for an entry.
Because with this pattern you have the risk of sudden dump.
Not advice
Proton update #xprAvailable on Kucoin
Launched in San Francisco, Proton (XPR) is a new public blockchain and smart contract platform designed for both consumer applications and peer-peer payments. Proton aims to provide a secure, verified identity account which is integrated with a financial settlements layer that allows users to directly link this identity with fiat accounts, pull funds and buy crypto, and use that crypto seamlessly in apps, all without sending any of the user’s private, sensitive information. Proton removes the concept of sharing private keys directly with merchants by creating a permission-less layer that exists on top of traditional card networks and banks.
PROTON #XPR IDEA UPDATELaunched in San Francisco, Proton (XPR) is a new public blockchain and smart contract platform designed for both consumer applications and peer-peer payments. Proton aims to provide a secure, verified identity account which is integrated with a financial settlements layer that allows users to directly link this identity with fiat accounts, pull funds and buy crypto, and use that crypto seamlessly in apps, all without sending any of the user’s private, sensitive information. Proton removes the concept of sharing private keys directly with merchants by creating a permission-less layer that exists on top of traditional card networks and banks.
The user maintains the private key in confidence while permitting institutions who wish to authenticate the user to check with trusted institutions via public keys. The verification from the trusted institution will confirm the user’s identity without revealing the user’s associated private key.
Proton #XPR updateLaunched in San Francisco, Proton (XPR) is a new public blockchain and smart contract platform designed for both consumer applications and peer-peer payments. Proton aims to provide a secure, verified identity account which is integrated with a financial settlements layer that allows users to directly link this identity with fiat accounts, pull funds and buy crypto, and use that crypto seamlessly in apps, all without sending any of the user’s private, sensitive information. Proton removes the concept of sharing private keys directly with merchants by creating a permission-less layer that exists on top of traditional card networks and banks.
XPR - Time To Buy AgainXPR came all the way back to the 1:1 fib where i bought it the first time around and now buying again ( or i bought yesterday).
This is one long accumulation i think and if BTC can break out then XPR is going to go bananas.
Also notice the continuous bullish divergence throughout.
Currently rejecting the 50MA, if/when it pushes through get ready could be some fireworks.
I usually say my alt picks first on my BTC threads.
Not advice.
Curious how this plays out in the long run.Curious how this plays out in the long run. Doji candles can be deceiving..