XRP has had many discussions about it over the years it has been around. I've been asked a small number of times recently about it. So, I've decided to do a small amount of TA on it.
Although it's not truly decentralised like most other crypto's, the fact that it has many big investors and banking corporations looking at its real-world applications should be a clue to its ability to move within the market.
Speculation aside, XRP has bucked a downtrend over the last month and a bit and should be able to hold steady with the amount of liquidity surrounding it, unlike most other crypto's.
I believe XRP is in a good buy and hold position for the long-term.
I don't hold any XRP.
I am not a financial expert or professional.
I do not offer expert or professional advice.
Trade at your own risk.
Although it's not truly decentralised like most other crypto's, the fact that it has many big investors and banking corporations looking at its real-world applications should be a clue to its ability to move within the market.
Speculation aside, XRP has bucked a downtrend over the last month and a bit and should be able to hold steady with the amount of liquidity surrounding it, unlike most other crypto's.
I believe XRP is in a good buy and hold position for the long-term.
I don't hold any XRP.
I am not a financial expert or professional.
I do not offer expert or professional advice.
Trade at your own risk.