$XRP #atención cryptocurrency that has been drifting in vain for 5 years: XRP
Although the analyst does not make an exact prediction about the future value of XRP, he remembers that in his previous publications he set targets of 7, 10 and even 20 dollars.
However, these analyst statements are still quite optimistic, taking into account factors such as the Ripple company behind XRP and the litigation process.
Although the charts show the rise of XRP, these indicators lose their meaning when Ripple releases a large amount of XRP. Therefore, buying based on charts may not always be a reliable strategy. The analyst states that caution should be taken when giving purchase advice to investors.
Inferences available to the user
– When purchasing XRP, consider Ripple's large XRP reserves.
– Remember the impact of legal proceedings on the value of cryptocurrencies.
– Pay attention to fundamental analysis instead of focusing on indicators like the RSI. As a result, it is emphasized that investors should be careful with XRP.
Although it is claimed that XRP can reach reasonable targets such as $1 or $2, it is claimed that higher targets are unrealistic and such claims may mislead investors.
When evaluating XRP, it is necessary to consider Ripple's policies and the ongoing litigation process.
It is not investment advice.
#RippleXRP #XRP🚀 #devcripto