RETESTING THE SUPPORT

It has been a long couple of hours these past couple of days. The Crypto markets have been dropping massively across-the-board . There have been a couple of coins performing  positively for the  day. But the majority of the coins have have been trading bellow yesterday's levels. After the birthday wishes XRP also started dipping finally dropping below $1 for the first time since early march 2021. This however is not a surprise to see, it has been keeping strong every time the markets droped. But the retest of the undying  support level at $0.80 seems to be around the corner.

ITS NOT TIME TO PANIC SELL

The past couple of months have been astonishing on the crypto sphere. With mass buying or selling happening every time (it would seem) Elon Musk tweets about crypto. But these are not the direct result of Elon . It does however resemble a similar situation back in 2018 when you retrace the past prices of Bitcoin. It could be the begining of the end for crypto ..... But that's very hard to believe. Blockchain technology is on the rise as the world is becoming more exposed to blockchain with some amazing features and real life issues that are being solved by blockchain technology. The truth is that most people are super sensitive on the short term and  under expecting on the long term. With majority of people buying at the high and selling at a loss due to fomo and fud being fed from social media. That is the biggest concern about mass adoption in my opinion.

XRP.......BUY THE DIP. SIT BACK AND BECOME FILTHY RICH 

The retesting of this $0.80 level is crucial for the short term . As long as XRP stays above this crucial support it will slingshot back up to the $1.40 range before rising to $1.70 and ultimately bring the price above $2 and head for that historical ATH(all time high) level. That would mean that this could very well be the last time we see the price below $1 . If the $0.80 support fails it could bring the fall of price to below $0.50 to test the strong $0.40 support level. It is not a done deal that the rise of price will be now but it will most definitely happen in the long-term . The future is the one unknown that mankind would love to control but for now we have to make choices on the facts and opinions we are exposed to. 

ALL FOR ONE THAT ONE IS RIPPLE 

Ripple continues to grow its partnerships and pushing for the digital transformation of Central Banks joining the conventional banking system with the crypto sphere . The launch of Flare will only strengthen this growth as Ripple is set to be one of the best if not the number one crypto currency across the globe. Bitcoin is on borrowed time as the number one currency as the markets are showing more and more less action on other currencies that are similar to bitcoin . This shows a global interest in crypto growing beyond Bitcoin . With that being said the world is in a wierd space with anything able to happen at any time without notice. 

It will be interesting to see what the market's will do and how quickly it will happen but from  my self Derbycuzxrp till next time 

Tooooooooooo the moooooooonnnnn laaaammmmmbbbbbooooo