Low to negative margin in earnings reports, Lay-offs/ increasing unemployment, an anticipated next wave of inflation and a global increase in purchase of dollar treasuries. Will culminate in a business as usual oscillation of DJI index. However, as the year progresses company earnings will continue to diminish due to inflation. Along side consumer spending...
Last week there was a media frenzy in support of an SEC legal representatives open court statement. There are numerous articles for you to find online on the topic. In summary an SEC rep stated that the lawsuit was only implicating Ripple and its executives. Implying that exchanges and other 3rd-party sellers such as individuals (P2P) are, at least for now,...
Looking at the distribution of volume over 1000 Range, we can see that the song hands are in control of this one. Be careful when the whales are in there will be massive volatility and shake out so hold don't trade more than you can afford to lose. This post is for me and anyone willing to follow, it's just for Kicks.
So Im super new to this XRP space (2 weeks) and I thought I might fish for some feed back. (I hope I get this right.) TLDR below. Since the beginning of of Ripples drive to Lobby for crypto regulation a clock started. A slow count down to D-Day, when the flood gates would open. That seemingly over night millionaires would be made and all the doubters would be put...
As we know in the crypto community, Price action always follows BTC. 2020 will not be an exception. BTC continues its 47% bull run since June following unprecedented support, following news of institutional support for digital currencies. We have entered the FOMO phase and can expect parabolic moves in the crypto space. Load up your bags we are going to the moon!