Ripple relatively stable on declining volume. IMO, needs catalyst to break trend. Has shown ability to hold value during overall downward market pressure. This combined with inherently designed liquidity make them reasonable play during bearish conditions. - This is not investing advice - I am not a professional - I hold a long position. - Stating my opinion to gain some rep points and share with the community
Trade ist aktiv
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Re-evaluation confirms previous outlook, ripple is currently in consolidation pattern and caught in a wedge. It needs a catalyst to explode (positive news) due to the waning volume. I believe it continue to trade sideways and breaks out after the new year.
Of Course: - This is not investing advice - I am not a professional
Trade ist aktiv
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Possible Entry or Re-Entry for those looking to dance with ripple.