New trends in the XRP market: Be careful
There are some important developments in the XRP market now, and the timing is critical because FTX plans to release a $16 billion cryptocurrency in January. XRP holders, you need to know and think about the following things:
Important reminder:
Trading is quiet: XRP prices have reached the third high point of the downward trend, which means that there is great pressure from above and it may continue to fall.
FTX's big move is coming: There may be a big sell-off in the market, and the price will fluctuate greatly at that time, and the price may fall.
Buying and selling points to pay attention to:
If you want to sell:
You can consider selling some at 3.5, and leave when you make some money, which is stable.
3.7 This point may be the last line of defense before the fall, so you have to hurry up if you want to sell.
If you want to buy:
Wait for the price to fall, and when it rebounds, it may be a good opportunity to make money.
Be careful of those who want to play tricks, they may deliberately raise the price to trick you into entering the market. Once you enter, the price may fall, so:
Watch how the price moves.
If you see the price suddenly rise, don't rush to follow the trend, so as not to be trapped.
Professional advice:
Take advantage of the good opportunity now, quickly put the money you earn in your pocket, and prepare for possible changes in the market in the future.
Observe the market trend more and find a safe opportunity to make a move.
Don't forget:
Trading is not a small risk. You must verify the information and listen to the opinions of financial experts. Don't rush in all at once. It's not good to exceed your tolerance. In the ups and downs of the XRP market, be more careful and be cautious.
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