legacyFXofficial

XRP VOLATILITY EXPECTATION

XRP is one of the most controversial cryptos out there, soon to be 2 years since SEC opened a case against Ripple Labs. for distribution of unregistered securities. There are many rumors out there that a settlement might happen later today on the 15th of December 2022. This calls for volatility on the asset either way, if there is a settlement and if there is no settlement. Many retail investors will wait for a fat green or red candle and many orders are expected to be placed based on sentiment and speculation. Might be a good run for intraday trading. 3 major central banks will also hold Interest rate sessions on the 15th, which based on historical data might be shaking the markets all day as well.

Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
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.