Crypto Michael Sticks with XRP Long Position Amid 41.5% Price Increase

Crypto trader Crypto Michael has maintained his long position on XRP since last month, despite the asset's price increase of over 41.5% from its entry point.

The leveraged long position was opened with a 20x leverage and an entry price of $0.9918. The current mark price is $1.4036, resulting in a return of +830.51% on the position.

Crypto Michael had initially called for XRP accumulation in July, citing a falling-wedge structure in the asset's chart. He noted that historical price zones around $1.90-$2.10 could be reached next.

The trader remains confident in his position, urging followers not to be sidelined as he expects the move to accelerate.