Investors seeking to retire with $1 million or $5 million while holding 10,000 XRP would have to wait a few more years, according to popular projections.
While the crypto market has slipped into a volatile period, most XRP investors remain unfazed amid confidence in its potential. Interestingly, XRP has recovered nearly 7% over the past 24 hours, as the broader market enters a rebound stage following the pullback over the weekend due to geopolitical tensions.Optimism Amid Market Uncertainty
Despite XRP briefly slumping below the pivotal $2 support during the market-wide crash, market participants have maintained optimism. Interestingly, as a result of this optimism, pundits such as Xena boldly suggested that XRP would still not drop below $1 amid the pullback. $BTC pumped after clearing the lower side liquidity and now is trading above 100k$. Now there are two things
First
This is market's bull trap to trap long positions and it's gonna go further down after a little pump or Secondly
It may be recovering from the impact of war. The chances of first one is higher than the second. Right now market direction is unclear. It will create some fake movements now to trap traders. A good or further bad news can make it's direction clear. Use small position size in these situation and As i said earlier it's good time to do some buying in spot. Don't fall for the traps! #BTC110KToday? #BinanceAlphaAlert #BinanceTGEXNY #BinanceHODLerSAHARA #MarketRebound