I'm bias to the upside on Ripple's digital asset XRP, but I've noticed the prior significance the .30 cents price level played before last year's major bull run. It's been a gut-wrenching ride down, but I believe, and at this point wouldn't be surprised, to see a retest of this level before another major run to the upside, as major market participants grab a premium price on the digital asset.
The blue horizontal line represents the neckline of the daily chart double bottom made during the first week of April, at around .55, a point of interest I'm keeping a close eye on as well.
The real use opportunity is being presented, now it's just a matter of integration. Might happen, might not. Prospects certainly look good. Determine your own risk tolerance.
Either way, I'm a buyer at these levels as a long term investor.
The blue horizontal line represents the neckline of the daily chart double bottom made during the first week of April, at around .55, a point of interest I'm keeping a close eye on as well.
The real use opportunity is being presented, now it's just a matter of integration. Might happen, might not. Prospects certainly look good. Determine your own risk tolerance.
Either way, I'm a buyer at these levels as a long term investor.