Hello traders!
I want to talk about this "XRP" pump that is about to happen tomorrow. Pump and dumps are becoming abused by the people who just make a group in which they state that the pump is about to happen altho we dont even know if they have the connections to whale investors.
They actually convince people to get the feeling of FOMO and in my opinion they just manipulate people who have no idea what they are doing. Lets just say that all the people in the telegram groups want to get the pice of cake, well they will not wait for tommorow because they want to be in the game before. So by that beeing said I think there is no more buying force that could push the price higher beacuse all buyers already bought what they did.
I think that we wont see any pump at all, in fact we will see a big dump. I might be wrong of course, but we dont know yet. Just make sure you dont buy the top.
I want to talk about this "XRP" pump that is about to happen tomorrow. Pump and dumps are becoming abused by the people who just make a group in which they state that the pump is about to happen altho we dont even know if they have the connections to whale investors.
They actually convince people to get the feeling of FOMO and in my opinion they just manipulate people who have no idea what they are doing. Lets just say that all the people in the telegram groups want to get the pice of cake, well they will not wait for tommorow because they want to be in the game before. So by that beeing said I think there is no more buying force that could push the price higher beacuse all buyers already bought what they did.
I think that we wont see any pump at all, in fact we will see a big dump. I might be wrong of course, but we dont know yet. Just make sure you dont buy the top.
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Disclaimer
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.