I sound like a broken record saying this, but XRP is still on its local downtrend and won't move anywhere in price for the next few weeks.
I thought it'd hold the 0.28 support, but I guess the whales dumped it to 0.26 to accumulate move before it moves up. If you are already invested in XRP, now is a great time to accumulate more.
Looks like the market has bottomed out with 2 huge hammer candles, if the price goes lower than this 0.26 support I will genuinely be surprised.
As of now, we should just be stable around 0.26 maybe a move up to test the downtrend but nothing huge just yet. Price will stay in between support and the downtrend until September.
There's too much money in XRP for it to go anywhere, it's got MoneyGram partnership as well as banking 80% of India and Southeast Asia. It's running circles on all the other altcoins like Tron and Stellar in terms of widespread adoption and actual use case.
I thought it'd hold the 0.28 support, but I guess the whales dumped it to 0.26 to accumulate move before it moves up. If you are already invested in XRP, now is a great time to accumulate more.
Looks like the market has bottomed out with 2 huge hammer candles, if the price goes lower than this 0.26 support I will genuinely be surprised.
As of now, we should just be stable around 0.26 maybe a move up to test the downtrend but nothing huge just yet. Price will stay in between support and the downtrend until September.
There's too much money in XRP for it to go anywhere, it's got MoneyGram partnership as well as banking 80% of India and Southeast Asia. It's running circles on all the other altcoins like Tron and Stellar in terms of widespread adoption and actual use case.
