We've had the drop back into demand, strong supply has been removed paving the way for a push higher. 2021 will probably see some of the major Alts, such as XRP, returning to previous highs
@nadeemthepro, Supply and Demand levels beat news most of the time
ASignals
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@Double-Edge-Trader not when there is legal challenges from the mother fucking USA for years to come
Double-Edge-Trader
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@cpagodly, News just pushes price to where the Big money need it before their next move. Also to shake off weak hands.
JayE93
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XRP will rise again, lawsuit holds little to no merit, and if anything the regulatory clarity that xrp has been missing and thriving for all these years, could potentially be achieved with this lawsuit. So it could all be a good thing. As much as an investor im pissed ofcourse- i’d be more pissed selling now only to see it go back up. No one said the HODL was gonna be easy.
thefng
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@JayE93 I dont think you've read or understood the suit.
Captain_Walker
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Love it!! Risk to reward ratio is excellent. And loads of people will probably go for it, driving price back up. If there is a pump north it could happen swiftly and be over in short time. So, positioning for a controlled affordable loss is a sound idea.
Double-Edge-Trader
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@Captain_Walker, Thank you Captain. I think 2021 will be a big year for many cryptos