As you can see, as the dollar falls, XRP rises, to a much higher degree. As the dollar rises, XRP falls. Hence XRP is a superb Dollar hedge if you believe that the dollar will soon lose value. A significant breakdown of the DXY rising channel would send XRP skyrocketing.
XRP, the best DOLLAR HEDGE in my opinion.
This is not financial advice. This is my/our opinion. Consult with a financial professional before making financial decisions or investing.
We are SHORT USD and LONG XRP.
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