XRP Delivering Steady Gains For Prominent Trader—Can Dogecoin, Shiba Inu Keep Up?

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Prominent crypto chart analyst Ali Martinez has shared insights into his trading strategy, demonstrating how disciplined execution and risk-reward balance have helped him generate significant profits despite occasional setbacks.

What Happened: In an X post on Monday, Martinez emphasized that losses are an unavoidable part of trading but managing them effectively ensures that winning trades outweigh the losses over time.

He highlighted that successful trading is about maintaining discipline and a strong risk-reward strategy.

Over the past two weeks, despite taking two losses, Martinez’s four winning trades resulted in a 242.53% gain, all achieved without leverage. His top performer during this period was Virtuals Protocol VIRTUAL/USD, delivering a 30.4% profit from a March 4 entry at an average price of $0.934.

Martinez also holds Dogecoin DOGE/USD and Shiba Inu SHIB/USD in his portfolio.

SHIB saw a 0.05% gain from a single trade on Jan. 6.

DOGE had mixed results—his Jan. 3 trade resulted in an 8.6% loss, and his Jan. 13 trade dropped another 1.7%.

However, later trades on Jan. 31 and Feb. 22 turned profitable, yielding 8% and 18% returns, respectively.

XRP- A Consistent Performer

Martinez's futures trading strategy has consistently favored XRP XRP/USD.

His first XRP trade on Dec. 30 at an average entry price of $2.20 yielded a 7.5% gain, with a target set at $10.34 and a stop-loss at $1.789.

His Jan.11 trade returned 25%, while trades on Feb. 14 and Feb. 24 delivered 8% and 19% gains, respectively.

Also Read: ‘I Lost Everything’—Trader Turns 0 Into $5 Million, Loses It All With Meme Coins That Were Supposed To Become The Next Dogecoin, Shiba Inu

What's Next: In another X post, Martinez identified a head-and-shoulders pattern forming on the weekly XRP chart, emphasizing that holding the $2 support level will be crucial for XRP's next move.

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Image: Shutterstock

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