XRP/USD Pheonix Formed By All Time Chart, Coincidence? Probably.
As RippleLabs and the SEC finish up a battle over whether Ripple sold unregistered securities, news is coming out putting XRP and RippleLabs in a positive light regarding the case. Meanwhile XRP is still being adopted globally while RippeLabs hires more people.
In contrast, generally negative news about overleveraged crypto positions by exchanges, the minting scandal at tether being reported, inflation numbers, the recent market downturn, and liquidity being scarce all seem to have a favorable outcome.
So while crypto burns, XRP appears to follow the XRP Army march that XRP is a crypto being reborn from the downfall of the rest of cryptocurrencies into a well regulated market, XRP as the example. I believe in XRP already, there is plenty of reasons with proof, but this salient impression that the chart actually forms a rough pheonix is making it hard to not believe great things are coming for Ripple and XRP. Maybe the XRP Army will get "all the money"
In contrast, generally negative news about overleveraged crypto positions by exchanges, the minting scandal at tether being reported, inflation numbers, the recent market downturn, and liquidity being scarce all seem to have a favorable outcome.
So while crypto burns, XRP appears to follow the XRP Army march that XRP is a crypto being reborn from the downfall of the rest of cryptocurrencies into a well regulated market, XRP as the example. I believe in XRP already, there is plenty of reasons with proof, but this salient impression that the chart actually forms a rough pheonix is making it hard to not believe great things are coming for Ripple and XRP. Maybe the XRP Army will get "all the money"
Comment:
News today 3 months later, is literally describing XRP being reborn as a non security, moving up in price 40% and leaving behind all the other cryptocurrencies, while continuing to be adopted around the world. Even splashing their website with brochures on CBDCs and tokenizing everything.
Comment:
I did leave a comment about Q1 below that I believe will resonate within the community. Just consider all the news until now that you know of and wonder how it will lead to ripple being worthless. It's a terrible translation of what has occurred, unless of course you only watch RippleLabs vs. SEC saga then the narrative fits. These charts say exactly the opposite of what is, XRP is doing exactly what it was made for and much more. Do not miss this chance.
www.tradingview...heatmap/crypto/?color=chan...