The answer to the question of how Ripple rose was in April 2024, as someone who is very familiar with this subject, I was telling people around me that Ripple was very strong and would eventually rise. So how did Ripple rise during this process? So how will Ethereum rise?
First of all, there were constant speculations during Ripple’s rise, there were rumors that Ripple was a weak coin and that people would no longer benefit from it. However, later, with Trump’s arrival in office, exponential gains were made in Ripple, which was held for months. Ripple, which held on at 0.4874, came to 2.90 levels. Now the same rumors are being made in the Solana Ethereum discussion. Ethereum, which has not been able to reach the 4868 ATHs it has not been able to reach for a long time, is moving around 3619. While technical indicators and financial astrology draw attention to the rise in this direction, buying from the wrong place or with high leverage may cause errors.
The end of the bull market
As we enter the end of the bull market, it seems essential that investors take their last profits and focus on the bear market. When we look at the 2017-2018 charts, Trump’s arrival in office again draws attention to Bitcoin ATH. If we can have a quiet week with calmer developments in Russia and the end of the war in Syria, Ethereum may suddenly make Ethereum a new ATH, just like Bitcoin suddenly went from 95 thousand to 102 thousand.
Taking reliable profits from majors or blowing up leverage in minors
I racked my brain on this issue for a long time. Mathematically, if a person does not have a financial situation, they need to both lose less and gain more. In my opinion, this is most easily done with Bitcoin. Since Ethereum can yield more profit compared to Bitcoin in the current bull market, Ethereum seems logical in long positions. In short positions, it makes sense to lose in Bitcoin or buy stable coins like Usdt Usdc or the most trustuble ones that you prefer.
I will take reliable profits, my leverage will never explode
Even if you are the smartest person in the world, your leverage can explode. Especially the bear market is very effective in exploding leverage, shorts can be opened from longs, longs can be opened from shorts, I am especially someone who has experienced this, shorts can be opened from bulls, experts say it is useful to be cautious and take exponential profits in the long term, but if the long-short intersection gives longs, MA7 easily breaks MA 25 and forms a 7-25-99 formation, continue longs, in the 25-7-99 formation, profits can be obtained with careful leverage.
