XRP (Ripple) is not a crypto, it is a currency, and as such, it does not follow the rules of crypto.
Once the last exchanges disable trading (29th Jan 2021), supply will decrease, and there will be no resistance all the way to $15. Once that is reached, the next target is $150.
For now, people are panicking due to the SEC, exchanges are hurrying to disable trading (even after given a 5 year timeline to do it) - I find that really funny, because there is no judgement yet, only a mere allegation.
The SEC settles things with fines, which will not be a problem for Ripple to pay. Additionally, the SEC might force Ripple to burn their tokens (60% of the total XRP supply). I'm sure you can guess what such a huge reduction in supply does to the value of an asset.
-Hawk
Once the last exchanges disable trading (29th Jan 2021), supply will decrease, and there will be no resistance all the way to $15. Once that is reached, the next target is $150.
For now, people are panicking due to the SEC, exchanges are hurrying to disable trading (even after given a 5 year timeline to do it) - I find that really funny, because there is no judgement yet, only a mere allegation.
The SEC settles things with fines, which will not be a problem for Ripple to pay. Additionally, the SEC might force Ripple to burn their tokens (60% of the total XRP supply). I'm sure you can guess what such a huge reduction in supply does to the value of an asset.
-Hawk
Discord: discord.gg/uFQCSWvG7c
Hawk Liquidation Theory: medium.com/@FinanceHawk
Algo: tradingview.com/script/1BLhORNz-Alpha-Numerologia-by-Alien-Crew/
Indicator Private Access in Discord.
Hawk Liquidation Theory: medium.com/@FinanceHawk
Algo: tradingview.com/script/1BLhORNz-Alpha-Numerologia-by-Alien-Crew/
Indicator Private Access in Discord.