I Belive XRP wil have another retest of 26-15 zone.
MACD: If cross zero axis suggest bearish bias. RSI: resistance dot line ( orange) its a RSI rebound zone near to 30 or oversell zone.
In conclusión I was holding and will hold my XRP ( cause its very volatile) but I will be buy much more XRP if retest 0.25-15 zone.
In other facts, tech behind cryptos and Climate Change Challenge during Joes Biden are crucial topic during actual admin so... the MINING PROCESS OF CRYPTO WILL BE VERY VERY IMPORTANT.
Bitcoin. Litecoin, and a lot of other cryptos are Proof-of-Work algotihm, which its very expensive in hardware and electricity consumption ( climate change challenge) that's A VERY VERY BIG BUT in there near future- The other side are cryptos as ETH, PeerCoin and lots more have of Proof-of-Stake and algorithm much cheeper In hardware and mantaince and low electricity consumption. XRP have a eco-systems of UNIQUE CONSENSUS which consume less energy than VISA AN MASTERCARD.
In resumen I think money sustainability will be a important topic for future crypto markets.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.