Bitcoin (BTC) $124,154.60 price The article started to make deeper bottoms because he could not maintain support levels at the time of being prepared. It fell rapidly within 2 hours, which began to have worse consequences in subcoins. Daily dipped to $ 120,574 daily and the last 24 -hour losses exceed $ 5,000. But Ripple (XRP)
$2.97 He’s again experiencing what triggers the big rise before.
Ripple (XRP)
The XRP Coin went below $ 2.88 and finds buyers for $ 2.86. Even if Trump hadn’t come to office, even a $ 1 dreamed, and the case wouldn’t be cracked, but now even the closing of six dollars reflects panic. In other words, the conditions in crypto currencies can change rapidly. XRP Coin on the eve of an important movement. We see a repetition of fear and panic during the customs duty move in April.
The Santimement Rise-Fair Feeling that compiles on-achain data XRP Coin shows that it has fallen below 1 in 2 days. This means that fear has become dominant again and even returned to the April period.
Fear, uncertainty and doubt, in short, are a signal of rise, contrary to popular belief. When Fud reaches the point of satisfaction, the decline ends and the rise starts. We had experienced this in April and followed a 125 %rise after the 25 %decrease.
XRP Coin Estimation
When individual investors are sure of the price, the bottom or summit is often completed. Nowadays, while fear is so much, the fact that individual investors continue to fear will probably be a harbinger of the great rise they will miss. When fear is at the top, “weak hands” tend to sale and more experienced investors accumulate as in these days.
Glassnode According to data, on-achain measurements 10-100 thousand XRP Investors with balance between them continue to buy constantly. Moreover, since the beginning of the year, BTC, ETH, Sol Coin, the fourth largest entrance to the Crypto Asset XRP Coin. In other words, the demand for ETP, Trüst products is also live and investors here are seen in the corporate, professional class.
So, if whales, professionals and corporate savings are accumulating with appetite, where can the price move? Considering that individual investors take a position due to short -term emotional change, they may be seen as weak. ETF approval is expected soon and Ripple is expanding its business with purchases. Moreover, they applied to SEC for a transfer agency license and Ripple The case is already behind. All this shows that the decline can be a new purchase opportunity. And of course, there is no magic sphere that shows the future of anyone, so you should make your own decision by making your research to get less upset when you harm.
Peter Brandt said today that we could see a decrease in $ 2,22 at $ 2.68, and $ 2.33, which needs to be protected as a bottom support. It is possible with a rally extending to $ 4.29 after $ 3,15 and $ 3.6 on the rise.