XRP, as with other coins, are starting week commencing Monday 22nd January on a good, yet small % growth.
Bearish Trend Looks To Carry On…
It looks like the overall trend is still bearish, and for XRP at least, a breakout for a good bull run won’t be expected until the Q4 ’17 report is release, but then, if no great news comes out of this (like we expect), then we could carry on the bearish trend, dipping below $1 within the next week.
Think Long Term
We are still confident for prices above $2 in the future, perhaps by end of Q1, but overall, cryptos are still looking promising and you need to think more long-term and think twice is closing a trade in the red, as there’s nothing significant that shows you should be doing this. However, be very aware of any upcoming IPO for Ripple Labs in 2018.
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