1. XRP: The continued strong increase in XRP's price may be a sign of retail money (individual investors) from the US flowing in. This is a noteworthy factor, as retail often plays a significant role in growth cycles. However, it is also necessary to monitor whether this money is being influenced by psychological factors or FOMO (fear of missing out).
2. HYPE TGE: With an FDV of nearly 4.5 billion USD and a market cap of about 1.5 billion USD, it seems that the project is attracting a lot of attention. The large gap between FDV and market cap also reflects market expectations for the project's future. However, when the FDV is large but the token has not been fully distributed, caution is still needed due to dilution risk.
3. General market: If this upward wave lasts until the end of December, it could be an opportunity for investors who are already prepared. However, for those still on the sidelines, as you have noted, this is the 'in-between' phase, so participation needs a clear strategy to avoid risks when the wave corrects.
The price of XRP has gone through a prolonged accumulation phase and is currently breaking out strongly, reaching a high of about 1.8 USD. Trading volume has also surged, showing significant interest from the market.
Some observations from this chart:
1. Strong growth: XRP is in a strong growth phase, surpassing many previous resistance levels. This indicates that the upward trend still has potential to continue.
2. Buy signals: Buy signals appear at breakout points, indicating that the indicator system has correctly identified the trend.
3. Adjustment risk: After a strong rise, the possibility of a correction is entirely possible. Latecomers need to be cautious of strong resistance price levels or profit-taking sentiment.
When the market is hot, the decision of 'to enter or not' can easily lead to disputes and even hurt feelings. Those with money should consider the risks and clarify their investment mindset before participating!
