💻Closed positions in XRP worth 1 billion $USDC
The decrease in interest from futures traders of $XRP puts the price projections at risk, the amount of canceled positions amounts to 1 billion in USD.😳
This may be due to the "frustration" that exists among cryptocurrency futures traders, as it failed to break the resistance of $2.70.😡
So much time without generating a bullish momentum has diminished the confidence of investors, which could drive the price down.💥💥💥
What to expect?🤔
It wouldn't be strange to continue seeing a decline in the coming days, because there is less participation in the market, which could lead to a downward consolidation phase.
However, there are those who are positive about the future of XRP and believe that this is the necessary correction before its definitive explosion, due to the abundance of fundamental news, including the famous SEC trial, which they believe within Ripple, they have every chance of winning.🚀🚀🚀
Personal conclusion🔥🔥
In my personal opinion, I think it is a good time to keep accumulating, and if the price goes down further, I will continue buying on sale, the true potential of utility cryptocurrencies and especially of ISO 20022 will be seen in the coming years.💪🚀💵
And you, what will you do? 🤔
Sell or Hold, that is the question…
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