XRP: Hold til End of Year
If you consider the entire cryptoasset market at the moment, we're beginning to see a shift in mentality.
There is more optimism in the markets. Though still carrying great skepticism, it should be noted that there are several indicators to our advantage that signal the beginning of another possible bull run.
Considering that there is a significant uptrend in BTC's chart (where we can also refer to the Ichimoku Cloud and infer that all three indicators are pointing upwards in the daily) and its effect on the entire crypto market, coupled with the halving that's set to occur in May, it would not be out of the question that we begin to see a snowball effect over the next 3-4 months. These indicators are pointing to a -very- strong upward momentum and it doesn't look like it will end any time soon.
Even though I previously did a piece on going both long and short on BNB, after looking at the log chart and comparing it to XRP's position and overall fundamentals, it seems as though the ROI that is projected for XRP during the span of this year is -considerably- larger.
In short, if you want to make money, it's likely that both BNB and XRP will go up during these following months.
BUT if you want to make FAT stacks, I suggest going with XRP.
LB out.
There is more optimism in the markets. Though still carrying great skepticism, it should be noted that there are several indicators to our advantage that signal the beginning of another possible bull run.
Considering that there is a significant uptrend in BTC's chart (where we can also refer to the Ichimoku Cloud and infer that all three indicators are pointing upwards in the daily) and its effect on the entire crypto market, coupled with the halving that's set to occur in May, it would not be out of the question that we begin to see a snowball effect over the next 3-4 months. These indicators are pointing to a -very- strong upward momentum and it doesn't look like it will end any time soon.
Even though I previously did a piece on going both long and short on BNB, after looking at the log chart and comparing it to XRP's position and overall fundamentals, it seems as though the ROI that is projected for XRP during the span of this year is -considerably- larger.
In short, if you want to make money, it's likely that both BNB and XRP will go up during these following months.
BUT if you want to make FAT stacks, I suggest going with XRP.
LB out.
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