Sirwin
Sirwin

WHAT HAPPENED WHY DID XRP DROP TODAY

By derbycuzxrp | CRYPTO Talk XRP | 19 Apr 2023


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XRP DROPS 10%. IS IS STILL LOOKING BULLISH 

The token looks good te recover as long as it reaches a bottom. Xrp price is recovering yet another rejection. It seemed like the price was breaking away from the $.052 resistance just to be smacked down to bellow the $0.49 price range. The price seems to be coming to the end of the fourth of five increasing waves. This gives a positive attitude and that could help the coin pass the $0.52 resistance area and reach $0.65 the next major resistance area.

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WHAT IF IT FALLS BELOW SUPPORT 

If the price has the desired outcome it will bounce back and reach fhe $0.65 price range easily. That will as serve as the top of the fifth wave. But if the price drops below the $.43 supprt it will probably drop down to about the $0.36 range. 

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THE SEC CASE STILL HANGING 

Ripple have a strong deffence but it is still anyone's guess as to witch way this is going to go. With Ripple winning alot of the rulings is the case thier deffence seems to be focused on the fact that they were given any warning by the sec . Ripple winning the case will create a presedent and give alot of other currencies a strong deffence if the sec comes for them. 

 

please remeber this is not financial advice and im not a financial advisor. Do your homework before investing and consulting a financial advisor is very important. This article is created for entertainment purposes only please do not take this as financial advice.

 

Thats all from me derbycuzxrp till next time 

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derbycuzxrp
derbycuzxrp

A Blockchain enthusiasts who is at the starting point of trading on certain platforms and believe in xrp as I educate my self to educate the world


CRYPTO Talk XRP
CRYPTO Talk XRP

This blog helps make the crypto market understandable. I dwell deep into the connections and speculate on the future of XRP using wisdom and knowledge i trade the market and publish my results with detailed analysis . disclaimer I am not a financial adviser nothing here is financial advice or suggestions I am only expressing my own actions for entertainment purposes A journey to generational wealth starts with truth. Ignorance holds the seed to wisdom. In man lies the seed of the universe .

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