here are some thoughts ... coinbase is going to list xrp at some point that will help others jump on the ship and push the price god knows when that will happen. im not even sure if that is already aounced official or just a expected most likly to be roumer... one thing i know for sure is that on thursday there is some kind of meet up at coinbase what its about i donno might be something important or even unimportant maybe some inf will be release maybe not but either way something is going to happen. all that breakup soon to the moon seams like wishfull thinking. the recent raise semas to me like manipulated by those who drive crp in the first place which would be banks and they have a reasonabl interest to push bitcoin cash down from the 3rd place on coinmarket cap which they did even that recent 900 million xrp buying order was very suspicious towards that goal. keeping all that in the head im wondering .. lets put it together
banks are behind xrp ... they have unlimited printing power of money ... they can basicly buy back as much as they want to drive the proce up to place xrp in a good market position ... i dont see any reason why they shouldnt missuse their power to do so .. based on that asumptio which is totaly based on ideas i pulled out of my ass i would assume that xrp has some more room to grow
here is one important lesson .. a trader needs balls of steel. .. so for the moment i would suggest to hold but ask yourself if it goes down to 0.20 cent again if you are still holding .. if not you should go out and do something else propably. i doubt it will but it might me personaly i see 0.50 as a likly scenario hoping for something better then that but knowing me hope never got me anything so there you go.
to answer your question --> i hav e no idea and i will hold and try to ride the down trend abit to acumulate more xrp while on the way down but im gonna be carefull there were some breakouts already at points that were based on very sketchy drawn triangles there are effectivl several pattern overlaying each other both pulling at that one price which to me always indicates two seperate forces working like the trading bots and real human investors both working the chart. lets hope for the best but dont stay in if you cant efford to loose alot waiting time could be done on other coins as well until something happens but if it does be prepared to react in a moments notice that means dont look away for even 10 seconds and have your numbers prepared
banks are behind xrp ... they have unlimited printing power of money ... they can basicly buy back as much as they want to drive the proce up to place xrp in a good market position ... i dont see any reason why they shouldnt missuse their power to do so .. based on that asumptio which is totaly based on ideas i pulled out of my ass i would assume that xrp has some more room to grow
here is one important lesson .. a trader needs balls of steel. .. so for the moment i would suggest to hold but ask yourself if it goes down to 0.20 cent again if you are still holding .. if not you should go out and do something else propably. i doubt it will but it might me personaly i see 0.50 as a likly scenario hoping for something better then that but knowing me hope never got me anything so there you go.
to answer your question --> i hav e no idea and i will hold and try to ride the down trend abit to acumulate more xrp while on the way down but im gonna be carefull there were some breakouts already at points that were based on very sketchy drawn triangles there are effectivl several pattern overlaying each other both pulling at that one price which to me always indicates two seperate forces working like the trading bots and real human investors both working the chart. lets hope for the best but dont stay in if you cant efford to loose alot waiting time could be done on other coins as well until something happens but if it does be prepared to react in a moments notice that means dont look away for even 10 seconds and have your numbers prepared