After the great bull run, Ripple consolidates at Good levels.

in cryptocurrency •  7 years ago  (edited)

Since the start of the second nice bull run, that started at about 0.8$, Ripple went up to all time highs at about 3.30$!
All that happened for just about 2 weeks.

Today Ripple shows strong consolidation with support at ~2.60$ and resistance at 3$!

I believe that after couple of days staying at these heights and Monday 8th's News to come, XRP will continue to rocket!

HODL! Cold Blooded HODL!

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Personally I am not convinced about Ripple. For one its centralised. If you are in it just to trade then yes - its probably going to be backed by institutions and may be a good long term HODL bet.

But if you are into Cryptos for decentralisation and taking the power back from the banks then you shouldt be pushing ripple