Along with the rest of the crypto market, XRP has seen a decline in price recently. Will fortunes change soon? Tom explains his outlook on XRP and why he is looking to the future rather than day trading it. He checks out some Ripple Technical Analysis and checks on the fundamentals. With the SEC Lawsuit still an inconvenience for Ripple at the moment, price will most likely be down for now but we could see a break once a settlement comes. Don't forget to follow CryptoBusy on Twitter then like and retweet for a chance to win the newest giveaway! What We Discuss:
0:00 Intro
0:40 Market Overview and Stock Market's Correlation
1:31 XRP TA
5:05 Recent XRP News
6:08 CryptoBusy Giveaway
6:26 Tom's XRP Summary Links used:
https://twitter.com/CryptoBusy/status/1485573017992413184?s=20 https://www.fxstreet.com/cryptocurrencies/news/xrp-price-has-no-chance-to-recover-as-bears-target-050-202201231739
https://www.forbes.com/sites/billybambrough/2022/01/22/like-the-1929-crash-new-crypto-winter-warning-as-sell-off-wipes-15-trillion-from-the-combined-bitcoin-ethereum-solana-bnb-cardano-and-xrp-price/?sh=58005bcf30bf
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Please remember and understand that all of these videos are strictly opinion pieces. Everyone has different opinions and approaches to the market and we always advocate for doing your own research. This is NOT financial advice, all decisions you make, whether based off this video or not are at your OWN risk.