$XRP ANSWERING THE QUESTION OF WHY THE PRICE GOES UP AND DOWN.
Many people are puzzled by this. And you have to look further back into the past. Maybe you bought in at
#XRP’ at a relatively high position or at the peak, so you will always wonder about this.
Personally, I would like to share with you:
-
$XRP started to rise since Trump took office from 0.5x to 2.9x. It has increased by 4x-5x already.
So since Trump took office, there have been news about the SEC chairman resigning, the USD coin launching, and the legal battle between the SEC and XRP. These news have been swirling around since before Trump was elected.
Thus, the price increasing by 4x-5x fully reflects that the two pieces of news have been 100% accurate. As for the news about the SEC vs XRP, it has not been concluded yet.
In my opinion, a price increase of 4x-5x is already very sufficient for the two pieces of news above.
Now we just have to wait for the legal battle to conclude, then XRP can continue to soar. Other than that, there is nothing new in the news. How can XRP climb higher?
Nothing goes up forever; let it have a correction period to create a new reasonable price base. That is the principle of the market. Whatever you invest in cannot rise straight up every day as you hope.
Playing XRP cannot be rushed. Even BTC has to go up and down like a roller coaster for more than ten years to reach today's price.
As for XRP, we still have to wait for the results of the legal battle to conclude. That is the decisive blow to the success or failure of XRP. It is more important than all other factors. Once the legal situation is unclear, XRP will always just be a theory.
Be patient and wait. For now, everything is temporarily favorable for those who trusted XRP from the beginning. For those who happened to enter near the peak, please be steadfast and patient.
The SEC is both a place of oversight and a place that kills XRP. Stay updated and react in time.
Wishing you success.