Good afternoon, I want to make a post related to altcoins or another currency that I consider to be taken into account for the future or for a movement that must be taken advantage of and then I see that XRP is the moment.
How long can it fall or how far? Better said, can the price of XRP fall and also How long where and how long can the price of the XRP token fall.
I don't really like to use the word fall because I really think that we are not falling, we are having a correction, a strong correction, because really the price of the Token comes here from 0.50 and the maximum is at 2.90 that we have reached during the month of December
So right now what we are doing is correcting part of that gain and that the price of XRP, despite everything we are seeing in the cryptocurrency market today, yesterday and the day before yesterday, that we are currently above $2 and that we have not broken support at 2.17 or so it seems at this moment.
Now what is happening is that all the exchanges are sending out these warnings to clients and investors that you have until the 31st to withdraw or exchange your tether dollar for another stablecoin or for another cryptocurrency and that is what is happening that is generating Well, that uncertainty, that fear in Europe.
So that is what is pushing the market to fall, we must also add that it is not only the cryptocurrency market, it is the stock market that has also been falling for several days, so these are data that are suggesting Well, that great correction adding to all this also the fact that Jerome Powell, the president of the Fed, has given bad news, bad feelings, that is what is also pushing even more towards a more severe correction within the stock market and also within the
cryptocurrency market.
Right now for me it is not a price to sell nor do I plan to sell, realize that I am at least 5 years away or more and right now I am least interested in selling if I have not sold at 2.90 Do you think I am going to sell XRP now at 2 with 1, even less so. In fact, I continue to accumulate.
Well, my advice is that those who can buy it, and those who cannot, hold on and do not sell it for fear of this fall