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Al-Ansari24
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$XRP
is King!! 👑
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-0.31%
36
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Al-Ansari24
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XRP is currently in a Bear Market until June 28.
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In bear markets, the price always gives clues to when it's going to resume from a pullback. Stay Sharp
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I hate to say it — but it looks like $XRP is heading for a selloff. The recent negative news regarding the SEC’s request for an extension has added to market uncertainty, which typically pressures price action. Looking at the current chart structure, XRP appears to be at a market edge, which could lead to an exhaustive phase for the sellers. Although I am bullish with XRP, given its intitutional use and revolutionary technology, I choose to remain realistic. Play the short term, and invest into the future. Price targets to watch: $1.42, $1.20, and $1.00.
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If it's so bad. Then why out of all the tokens, rugpulls, and meme coins, is XRP targeted by the SEC in the hopes to shut it down? Do they pose a threat? To who? Follow the money.
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Speculation: $XRP could surge as Iran & Israel, amid conflict, leverage its fast, cheap payments for swift retaliation. War may expose slow, costly transfers, pushing adoption of XRP as the only viable solution. #BOMBTHEMARKET
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