For anybody who is new to cryptocurrency and wonder what XRP is..
XRP is a digital asset built for payments.
It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds.
XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently.
XRP had a clear break above previous resistance and is currently retesting previous resistance to see if it will hold as support.
If so, this would be a solid long position.
There’s obviously quite a few things going on at the moment with all the SEC now etc so you would expect this to lag a little behind other crypto but I do believe there’s potential here.
Keep this on your watchlist.
- Factor Four
XRP is a digital asset built for payments.
It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds.
XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently.
XRP had a clear break above previous resistance and is currently retesting previous resistance to see if it will hold as support.
If so, this would be a solid long position.
There’s obviously quite a few things going on at the moment with all the SEC now etc so you would expect this to lag a little behind other crypto but I do believe there’s potential here.
Keep this on your watchlist.
- Factor Four