瑞波币
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Is it surprising that major investors have shown absolute confidence in XRP?
As the uncertainty regarding the price of XRP continues, the most curious topics are the SEC lawsuit, unlocked tokens, and the circulating supply of XRP. Recently, some remarks have been made that shed light on the matter and the future of the coin.
XRP whales’ recent movements
The total circulating supply of XRP is 100 billion. Despite the fact that the supply may peak at 100 billion, XRP has always managed to maintain demand. This situation was highlighted by market major Chad Steingraber, who stressed that the supply is not as large as it seems.
Steingraber noted that Ripple unlocks 1 billion tokens per month, most of which are locked back into escrow wallets, which explains why XRP appears scarce in terms of supply. He also highlighted the current state of these escrows, noting that there are currently about 40 billion tokens locked.
XRP whales’ recent movements
The total circulating supply of XRP is 100 billion. Despite the fact that the supply may peak at 100 billion, XRP has always managed to maintain demand. This situation was highlighted by market major Chad Steingraber, who stressed that the supply is not as large as it seems.
Steingraber noted that Ripple unlocks 1 billion tokens per month, most of which are locked back into escrow wallets, which explains why XRP appears scarce in terms of supply. He also highlighted the current state of these escrows, noting that there are currently about 40 billion tokens locked.
The big taboos of investing: greed, impatience, fantasy, and indecision
Greed
Always dreaming of getting rich overnight
No matter how little the principal is
Climbing up step by step
Impatience
Afraid of missing out on the market rise
Buying in hastily and forgetting the discipline
Fantasy
With a strong subjective sense
Thinking that the market will go according to one's own wishes
Acting before reaching one's own buying target
Indecision
Not respecting the objective facts
Being influenced by other factors and sinking deeper into the judgment
Not selling when the market plunges, selling when it drops slowly
Not selling when the market rises slowly, selling when it surges
To trade, one must have one's own trading system.
#Sol
#Solana
#XRP
#瑞波币
#USDC
Greed
Always dreaming of getting rich overnight
No matter how little the principal is
Climbing up step by step
Impatience
Afraid of missing out on the market rise
Buying in hastily and forgetting the discipline
Fantasy
With a strong subjective sense
Thinking that the market will go according to one's own wishes
Acting before reaching one's own buying target
Indecision
Not respecting the objective facts
Being influenced by other factors and sinking deeper into the judgment
Not selling when the market plunges, selling when it drops slowly
Not selling when the market rises slowly, selling when it surges
To trade, one must have one's own trading system.
#Sol
#Solana
#XRP
#瑞波币
#USDC
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At present, the price of XRP at the 4-hour level has broken through the downward trend line. If this line can serve as support, the price may rise to a high of 0.536.
Important resistance levels: 0.516, 0.522, 0.530
The current price is around 0.512:
① Support line
② 4-hour 20EMA
③ 0.503 retracement high update
The above three positions indicate that this is an excellent buying opportunity.
If there is a big market change, the master will update the progress. #xrp很快进去爆发期 #瑞波币 $XRP
Important resistance levels: 0.516, 0.522, 0.530
The current price is around 0.512:
① Support line
② 4-hour 20EMA
③ 0.503 retracement high update
The above three positions indicate that this is an excellent buying opportunity.
If there is a big market change, the master will update the progress. #xrp很快进去爆发期 #瑞波币 $XRP
See original
XRP: Previously broke through the head trend line, support has turned into resistance, and now it continues to return to the trend line movement, indicating that the head trend remains strong, and no reversal signals have appeared yet. The support below is at 2.24, and there is plenty of space above, with resistance around the 2.7 position. According to the trend line, there are still reasons for the left side head!