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We saw nearly a 100% rally on the XRP chart following the announcement that XRP isn't a security and buying and selling on an exchange doesn't constitute a security either. I was watching the chart and noticed some manipulation / whale games with some quick up down wicks, quickly liquidating longs and shorts and then buying back the dip instantly. I also saw a gigantic sell wall at $1, probably encouraging many to take profits between 80 and 90 cents.
While it might be nice to swing trade these small moves, I think there is a huge rally in the pipelines. Japan, for instance, is extremely bullish on XRP and have already been using the tech in the past years. In this video I talk about what's happening in Japan and how it has the potential to bring trillions of dollars pouring into XRP.
Enjoy the rest of your weekend 🙏
Peace & Love,
Adé