Ripple is a coin that is loved fervently by retail and despised vehemently by crypto natives. People who spend the bear market in the trenches tend to avoid it due to skepticism about FDV and other metrics and then retail comes in for a blip in time and pumps it to Valhalla and dumps on crypto natives and leaves without explaining.
If bitcoin hits 250k , retail is coming back and pumping this to $9.
Downside: price is currently trending near previous ATH of 2018 so there's a risk of double top and crash to 50¢
Upside: dark days are behind us. Why zoom out more than necessary. Worst is behind us. We're in an uptrend.
minor downside: oh no, we zoomed in too hard and the chart seems to be in a downtrend. well it doesn't matter unless you're high leveraged . Zoom out moderately, relax for a bit, and wait for retail to arrive.
If bitcoin hits 250k , retail is coming back and pumping this to $9.
Downside: price is currently trending near previous ATH of 2018 so there's a risk of double top and crash to 50¢
Upside: dark days are behind us. Why zoom out more than necessary. Worst is behind us. We're in an uptrend.
minor downside: oh no, we zoomed in too hard and the chart seems to be in a downtrend. well it doesn't matter unless you're high leveraged . Zoom out moderately, relax for a bit, and wait for retail to arrive.
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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.