▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
The XRP price chart has reached a historical support and resistance level over the last several months, which has been reactionary for over 5-years! In this video, I dive into the significance of this price level on the price chart, and show the relation of the XRP chart to the rest of the altcoin market and the Bitcoin price chart action. Historically, XRP’s price action has been tied to what the rest of the market is doing. Whether XRP is in a bull run, bear market, sideways action, crashing, surging, whatever it is doing, it is tied to the rest of the cryptocurrency market. I show in this video how that has historically been the precedent. In the XRP community, we have a lot of romantic narratives about XRP, but until this date, we have just been tied to the market. With NFT’s coming soon and the hopeful conclusion of the SEC lawsuit coming to an end, maybe those things will change. But, in this video I show the importance of XRP’s action with the altcoin market, Bitcoin, and the Bitcoin dominance.
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DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions. Any affiliate links in the description of these videos may provide a commission if you decide to purchase their products. I appreciate any and all support of my channel, and without you, I wouldn’t be here. Thank you.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
