XRP saw over +100% growth in a couple of hours after the release of important news: Ripple's sale of XRP is not an offer of investment contracts - Ripple judge won ruling that XRP is not a security, judge also ruled that institutional sales of XRP to Ripple are securities.
❗️It's time to remember our last post about this coin
In short, we recommended not to buy the coin during the pump, and to sell XRP to all long-time holders of this coin at the subsequent pump and forget it forever.
💥 Old XRP hodlers, this is a great chance for you to get rid of the ballast from your portfolio.
To what levels XRP will grow during this pump is a mystery, since the coin is not at all friendly with technical analysis. But keep in mind that the coin will eventually fall as quickly as it rose. According to our assessment, the coin is unlikely to grow above its peaks of the past bullish cycle - $1.96. We think that the coin can grow to a maximum of $1.2-1.4, provided that the price closes today above the level of $0.58 .
Just don’t be fooled by influencers’ calls to go shopping for this coin; most likely, pictures with targets of $10 per coin will now begin to appear en masse. For those who are not into shopping, suppress FOMO. There will be more similar stories on the market, don’t worry.
🕯 Also, according to our experience of trading on cryptocurrency exchanges, this token was always the last to grow, and after that, within a month, the entire market, like this token, went down like a stone.
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