RingDing

XRP Long or Dump¿? ((Hodl? Swing? GTFO?))

Long
I don't trade XRP too much but I found this chart interesting..

Didn't go bananas on the TA, but just the simple support line below seems to be holding up pretty well, since last year. Take note of the volume too with the orange dashed lines, possible uptrend again soon after a yearly bleed out? No that's impossible, but I'll leave that up to you! :)

And just an opinion piece for entertainment:
There's a lot of controversy around XRP, both the digital currency and the tech company Ripple Labs Inc. People think it's great, people think it's a scam. Whatever, idc as long as I can make some $$ from trading it, but do your research! Hope you don't hate this next saying but charts are charts; and if it does take a massive dump below that support line, there's plenty other coins out there :)

Stay safe my friends!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.