💥💥 $XRP IS TOO HOT TODAY! 😎
But please note that in the large time frame, XRP's 1W chart has reached the end of the triangle (as shown in the picture).
👉At this position, the price will often have strong fluctuations, fake dump, fake breakout, the purpose is to make you impatient to place early orders, attract a large amount of liquidity, then MM will drive up and down to hunt for your stoploss before actually going up.
However, as stated in previous posts, I think that the SEC losing the lawsuit, Ripple only has to pay 125 million USD (instead of 2 billion), is very good news for holders.
The guys in the group are complaining that chasing the 0.6 - 0.7xx peak will soon return to shore. In fact, those who are chasing XRP are still less miserable than those who are chasing new coins listed on Binance in 2024 such as STRK, W, ALT, REZ..., so I don't understand what you are worried about??? 🥺🥺
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🤔Regarding the price projection of $XRP , you can look back at the peak capitalization in previous cycles. In 2018, XRP's capitalization peaked at 117 billion USD (higher than ADA's all-time peak). In 2021, XRP's capitalization is 81 billion USD.
Currently, XRP's capitalization has decreased to 34 billion USD. Therefore, in case the capitalization once again returns to the 100 billion mark, XRP's price will fall to around 1.5 - 1.8 USD (equivalent to the 2021 peak).
👉In short, if you choose to invest long-term, you should calmly continue to hold until the XRP price returns to the old peak of 2021, at that time depending on the market force, it is not too late to close. As for traders, you can close when the price breaks the trend and reaches the 2 resistance levels at 0.8 USD and 1 USD.
😎If anyone has a different opinion about the price of $XRP , feel free to comment below! Here, everyone is a small fish and everyone is chasing the top, so there is no need to be shy 😅😅😅
