Seems there is an even split of Haters V's HODLr's and the news is rife with posts both shilling and warning investors.
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...
XRP did a nice pump out of the descending triangle which is a good sign for XRP holders as another drop would have been fatal for XRP long term price. See my previous idea on that.
Now that we're out, it's likely we will continue up, in timid steps, what is important is that we have a good long term support under us that so far has proven very resilient.
we all know the story of xrp, still xrp fundamentals are very weak, but on chart xrp is becoming bullish and rapidly increasing volume.
personally i will not take this buy opportunity in xrp, this idea is just for record.
if u want to take trade u can, its risky trade and don't invest more than 1% in this coin.
Here's a very basic idea on where to expect a long entry.
1. XRP/USDT it's currently in a triangle pattern so we have to wait till it breaks the triangle to see where it's really going
2. In the mean while, we can also see a bullish trend line in a small timeframe:
What can we do about this?
Risky move: Wait till it breaks the trend line, wait...
A lawsuit was filed in December by the US Securities and Exchange Commission (SEC), against XRP custodian Ripple, it’s CEO Brad Garlinghouse and President Chris Larsen. The lawsuit hinges on the classification of XRP as a security (i.e. a financial asset from the investor intends to profit) as opposed to a currency or medium of exchange. The SEC...
XRP price action shows for more strength, I expect it will push the price upward soon.
if Bitcoin declines we may see a temp drop, so if you get any long position put your
proper stop loss.
as far as the market could be volatile any time, trade based on your money management
and don't be greedy.
Enjoy the market
Greetings! All the same, they continue to cover Ripple with a negative background. Because of this, the coin broke through the support trend line and went lower. I suppose that in connection with this news, and obviously those that will still be the coin, they can press into the support line. I think we should wait for Ripple around 25-26¢. It is worth watching...
While various coins, such as UNI ADA , LINK , have been enriching their investors all last week, XRP has continued to gain strength.
The fact that the previous weekly candle closed above 0.26 is already an achievement for the XRP market. The initiative of buyers, which they started on January 6-7, is preserved. On January 15, sellers showed weakness and...