Hey Everyone! Today I bring to you an update on XRP. As we can see after the SEC news, it scared many out of the XRP market, but lets discuss this in depth a bit. The SEC is one part of a government in the US, with most of the trading volume outside of the USA. With US trading mostly halted, it scared a lot of people, but I suspect it was a big money manipulating the market by driving a lot of fear in order for whales to accumulate more before the run up. Black swan events are easy money for a smart investor.
XRP is showing strong signs of trend reversal, making up nearly all of the losses since the SEC FUD event. I expect a little turbulence here as we approach the 80 cent levels, but if we can break this, I think just like 2017, price will rise rapidly, causing FOMO events all the way to my projected target of 10-13 dollars. XRP has a way of surpassing conservative price levels, so I can see XRP beyond these prices by end of year or early next year 2022. I have average entries of 21.8 cents and believe XRP ROI potential will expand and envelope other alt coins as it did in 2017. We also notice XRP tends to lag as others flock into the "hype". Last cycle it was IPOs, now its decentralize finance "DeFi". But as expect XRP will move and move fast as BTC extends to its end cycle.
I am holding the trend to the end and not chasing shorts. I am long until BTC reaches its top.
XRP is showing strong signs of trend reversal, making up nearly all of the losses since the SEC FUD event. I expect a little turbulence here as we approach the 80 cent levels, but if we can break this, I think just like 2017, price will rise rapidly, causing FOMO events all the way to my projected target of 10-13 dollars. XRP has a way of surpassing conservative price levels, so I can see XRP beyond these prices by end of year or early next year 2022. I have average entries of 21.8 cents and believe XRP ROI potential will expand and envelope other alt coins as it did in 2017. We also notice XRP tends to lag as others flock into the "hype". Last cycle it was IPOs, now its decentralize finance "DeFi". But as expect XRP will move and move fast as BTC extends to its end cycle.
I am holding the trend to the end and not chasing shorts. I am long until BTC reaches its top.
