XRPLong
Good buy opportunity for XRP in 23-25 cent range
Ripple (XRP) got slammed this week by an SEC lawsuit claiming it's a security. All the short term holders who want to cash in on what little profit they had left have now sold, leaving the market to longer term believers in the coin. Coinbase has just been approved to list securities so it doesn't matter if the SEC wins the lawsuit or not. Coinbase will NOT delist XRP IMO. Thus the major exchanges will most likely continue to list XRP that either have authority to list securities or if they believe the lawsuit will be settled with a fine like most other crypto lawsuits have been settled in the past.
The bounce off 21.38 cents was strong to 32 cents. Now an ABC correction is in place and I believe the C wave is in progress now. 23.4 to 25 cents looks like a good buy range for XRP.
The bounce off 21.38 cents was strong to 32 cents. Now an ABC correction is in place and I believe the C wave is in progress now. 23.4 to 25 cents looks like a good buy range for XRP.
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