Last night’s surge across the cryptocurrency market appears to be driven by: - Declining oil prices → Broader market shifted to risk-on sentiment → Capital flowed into the cryptocurrency market → Short squeeze triggered XRP was the most shorted asset, which is why it rose more than any other coin: https://t.co/6pUuJRBArd
Unfortunately 😢 How many years of delay will this cause? Prices seem likely to stagnate for the time being 😢
There are also opponents within the Republican Party. In the cryptocurrency space, the Trump family stood out in a negative way, giving off a somewhat shady vibe...
I asked Grok to analyze the XRP liquidation heatmap, and here's what I found: Currently at around $1.44, there’s a cluster of short liquidations near $1.45 and long liquidations just below at $1.43. If it breaks above $1.45, it looks like there’s potential for another upward move 😁 https://t.co/OrBaPmXKLQ
Today, it rose over 8.5% in the four hours starting at 9 a.m. I'm incredibly happy, but why?! https://t.co/wSjePbVOkz
It's great that XRP has stood out amid the recent cryptocurrency surge, but given that its downward predictions were stronger than those for other coins, the rally may simply reflect a more intense short squeeze. That said, I’m also a Ripple supporter—this is just self-deprecating humor. https://t.co/nEg36h2iO6
It’s kind of expected, but it seems XRP wasn’t approved in Russia. It probably has to do with it being U.S.-based—if so, would the same happen in China and its allied countries? That would make international transfers really difficult again. More dark clouds over XRP 😭 I’ve wondered multiple times whether now’s the time to sell all cryptocurrencies or switch to something else… But I’ll wait a little longer and keep watching. I just hope Russia suddenly approves it soon~ https://t.co/HCeFDBGN3N
The probability of a rate hike in September has risen to 59%. Is this a tailwind or a headwind for XRP? Actually, opinions are divided on this. • Rate hike = selling of risk assets → price decline • Already priced in + ETF funds continue to flow in → price rise Which side are you on? I’d love to hear your reasoning! 🔥