XRP holders, I have an urgent message!
Attention, XRP friends!
Today is a critical day for XRP, because the market trend and some external events are mixed together, and the price of XRP may change greatly. Let's briefly talk about what is happening now and what may happen next:
Ripple and SEC's legal battle
Ripple Labs' lawsuit with the SEC is still the number one event affecting the price of XRP. If there is good news there, such as a favorable verdict or a clearer regulation, then:
The price may go up, and once everyone's confidence is restored, XRP can try to reach a higher price. If Ripple wins, it may also set a good example for other institutions and investments to cooperate with Ripple.
Of course, if the news is not good, the price may fall in the short term, so we have to pay more attention.
Market sentiment and "whale" movements
Recently, there have been a lot of large XRP transactions on the blockchain. Once these "whales" move, the market will shake. They may be saying:
It's going to rise: If whales buy XRP, they may think the price is going to fly up. It may also fall: If whales sell, the price may fall first, and then slowly come back.
The large trading volume also shows that everyone is very interested in XRP now.
Remember the key price
If XRP can break through $2.85, it may go to $1.90 or higher next. $0.75 is the bottom line to hold.
Some suggestions for XRP holders
Set the alarm: keep an eye on the two prices of $2.75 and $2.85, and act quickly when they change. Don't put all your eggs in one basket: XRP is good, but you also have to buy some other potential coins to diversify your investment. Stop when you are ahead: If XRP makes you a lot of money, you might as well sell some to lock in profits, and keep the rest and wait for it to rise in the long run.
In short, XRP is now at the cusp of the storm. Whether you are short-term trading or long-term holding, you must remain vigilant and be ready to act at any time. Big moves may come at any time!
For the next layout direction, I will lead everyone to aim at the profit opportunities of the cottage, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and take you to layout the entire bull market together!