XRP - Long until the 12th of Decmber ... then Short
XRP is in a great position for many reasons,
But the main 2 are, it has been undervalued for a while now and there is the Flare Airdrop coming up on the 12th of December,
Other reasons are fairly obvious as well
So from now until the 12th of December, XRP is only going to rise.
... then, as with all Airdrops, from the 12th onward, the value will take a severe drop, it has happened many, many times before and it will happen again
- Buy now
- Sell on the 11th
- Re-enter on the 13th if you want to reload your bag on XRP
But you will not be able to have the best of both world, either you sell before the airdrop and get no spark token ... or you sell afterward. But you will not be able to sell at a high price.
But the main 2 are, it has been undervalued for a while now and there is the Flare Airdrop coming up on the 12th of December,
Other reasons are fairly obvious as well
- The MACD crossed as expected
- We had 2 green candles after the cross
- Volume is good, people are buying and holding
- RSI is still below where it should be
- EMA is also way below where it should be
- BTC is going up, up and up ...
So from now until the 12th of December, XRP is only going to rise.
... then, as with all Airdrops, from the 12th onward, the value will take a severe drop, it has happened many, many times before and it will happen again
- Buy now
- Sell on the 11th
- Re-enter on the 13th if you want to reload your bag on XRP
But you will not be able to have the best of both world, either you sell before the airdrop and get no spark token ... or you sell afterward. But you will not be able to sell at a high price.
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But if XRP can push past 0.30c we should keep seeing some XRP BTC growth.