POSTED THIS LAST AUGUST AND IT HAPPENED!
#XRP: WHY IS THE PRICE RANGING FROM 0.28-0.04 RANGE?
If you're looking for an in-depth analysis for XRP and the possible causes as to why there are still no signs of breakouts, you're in the right place.
Here it goes...
Every time everyone talks about XRP, they get the idea that it's the token with the longest years of law cases with SEC. Some also knows how valuable XRP is and how its price could potentially boost to more than double or triple its current value today. However, there is just one lingering fact that keeps XRP from moving up. This is, the fear that halts the demand. As more cases are filed against XRP, many traders remove themselves from the narrative of this token. Even with piling up current and incoming demands, there is still a higher road that this token has to take. As speculations of a higher value for this token are in rumors, many also take into account the possibility of more law cases against Ripple which could eventually lead to another decline. However, many have already theorized as to the possible causes for these law cases that goes beyond to what it has on paper. Theories such as XRP is accumulating and the law cases are part of the script. As the predicament piles up for XRP, accumulation of strength will also continue and as such, once an alert for the price surge happens, everyone will definitely hop in and those who have HODL'd for the longest time will definitely reap the rewards.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
