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KenCarv
Apr 26, 2020 11:12 AM

XRP long position to $5.2 Long

XRP / DollarBitfinex

Description

Again, built a long position in XRP from 0.2 - 0.8$. Currently, the structure is not as strong as other tokens, but fundamental plays in XRP and the holding company, Ripple, are as strong as ever.

There are more hurdles to jump through before XPR can be considered to be in a bull market as it has seen a much harder decline from the 2017 highs.

My time for this to happen is again 2/3years and will exit in a phased manor if this plays out.

Remember, this is all pegged to BTC.
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