of A strange thing is that it takes $1B money, but the risk of a $2 challenge

Of  A Strange Thing Is That It Takes $1B Money, But The Risk Of A $2 Challenge


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XP The price is 8.75% lower than the purchase plans of 8 billion dollars.

It can be found in the coming days, as a drop of the $2 support level will come in the coming days.

RIPRER is reported to be planning to raise 1 billion dollars in XRP (XRP) for its own digital asset treasury. This move could make this top-five cryptocurrency the world's largest corporate holding.

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However, the news of XRP's retch on Friday was largely ignored.

XRP/USD four hour price chart. Source: Trading View

Could XRP break out of the October bull run?

XRP price eyes after the death of the $ 2 support

Looking broadly, XRP is turning into a bearish pattern from last week, where it has held back from $20 billion or more since last week.

The price can take up to the $2 support level when it connects with the lower border of the morning and serves as a volatile zone.

See Riple, Xrp, Markets, Market Analysis, Altcoin
XRP / USDT four hour chart. Source: Trading View

Breaking above Stege's upper button line in October will be 5-20% of the current price levels to $2.36-$2.0%.

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According to Contec data, the level is up to $ 118.76 million, which is included in the crowded short stages.

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BTC/XRP/USDT liquid heating. source-console

At these levels, short interest liquidation could add to $3, psychological opponent target lama can add more with the upper part of the “XRP” trian pattern district.

See Riple, Xrp, Markets, Market Analysis, Altcoin
XRP / USDT weekly chart. Source: Trading View

On the contrary, it is punished with $ 2 more than $ 1 to $ 1.65, at $ 1.65, at 1.618 fiboncco. Rabbaci Robore level, end of month.

Longer term: xrp is still trying to dive

Despite last week's “Black Friday” 60%, “XRP will continue its trend in the tri-gones.

On Friday, it was holding the upper trend line above $3.55 while holding the lower trend line above $2.25.

See Riple, Xrp, Markets, Price Analysis, Market Analysis, Altcoin
XRP / USDT weekly price chart. Source: Trading View

A wave of love over $3.55 can send the price from $7.75 to $775, mainly for sizes up to $7.75.

This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision.

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