Bingaz

XRP- FUD or Time to Explode?

Long
BINANCE:XRPUSDT   XRP / TetherUS
Seems there is an even split of Haters V's HODLr's and the news is rife with posts both shilling and warning investors.
So DYOR!
Consider the factors and decide on your own.

Playing the charts alone and removing yourself from the news, it actually looks very promising.
If this were a different project the signs are there for an incoming pump.

Whether you believe that XRP is going to be ruled a security may well and should influence your own trading ideas here.

Personally I think XRP will be just fine and over the coming months we will see XRP's value increase significantly.
XRP continues to move the project forward with new partnerships and it certainly seems they are paying no mind to the current investigation.

Holding a bag in the hope of some great news seems foolish but buying a supported entry after a small breakout is just using TA.
High risk option as the de-listing's continue but a quick turnaround may be in the cards in the coming weeks.

As always, not financial advice,
just my thoughts and TA.
Bingaz

Comments

I would say given the cloud of fear surrounding xrp at the moment, the crowd will fomo in as prices rise, but probably not until much higher prices like over $1.00 which would cause panick in those who panick sold
+1 Reply
Thank you.
Reply
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