xrp price drop with security breach

XRP (Long) Jan. 31/2024

Signal Closed – Target 1 Hit – Profit 8%

VIP Crypto Signals – Be sure to read the entire post.

Update: Target 1 Hit. No Re-entry.

Date : January 31, 2024

Time: 12:30 PM (EST)

Coin Name : XRP / USDT – #xrp

Exchanges : Kucoin, Bybit, Hotbit, Margex

Trade Type : Long

Entry Price : 0.505

Suggested Leverage – 10x- 20x

Price Targets:

One: 0.51

Two: 0.515

Three: 0.52

Four: 0.525

Five: 0.53

We will advise if you are to consider holding beyond the above targets.

Take Profit (T/P): Set at 0.525

Stop Loss (S/L): Set at 0.5

Risk To Reward Ratio (RRR): 1:5 Low Risk

Wallet Percentage (W%) : 2%

Notes: NEWS UPDATE VIP——————–Ripple reportedly suffered a major security breach, as noted by analyst ZachXBT. The hack resulted in the loss of around 213 million XRP, which is approximately worth $112.5 million. Thus the quick price drop. Looking for a short term bounce upwards from here.

Updates: Target 1 Hit within One Hour

VIP Crypto Signals from Les and Jane