rgeddes

Ripple to 57k Sats Today

BITFINEX:XRPBTC   XRP / Bitcoin
XRP against BTC has been for the most part doing the exact opposite of BTC .

The strength of Ripple isn't enough that it can trade independently of BTC so it is somewhat vulnerable to the movements of BTC .

It looks like BTC will correct itself before taking another run at $8400 - this means we will see XRP hit at least 57k sats as the price of BTC falls.

Once we hit 57k sats we will need to evaluate. It looks like BTC has positive momentum even if its looking at a short-term correction.

This correction will increase the value of XRP and hopefully encourage investors to buy and hold before BTC takes off again.

I'm a long term holder of Ripple - if you're not - today might be a good day to explore holding some!

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