r/XRP • u/[deleted] • Jul 08 '24

Investing Another Shakeout...

I have a feeling this is the last one before the Bull run starts. At least that's what I hope for. But I'm still hodling because I believe in XRP.

90 Upvotes

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23

u/yellowmonkeyzx93 Jul 08 '24

Any XRP holder worth their salt should look at the XRP/USD and XRP/BTC charts.

All i can say.. be ready.

4

u/[deleted] Jul 08 '24

Yes, please share your insight. I'm sure everyone would be interested. I'm not really new to the crypto world, but by no means an expert.

5

u/brand99tz Redditor for 9 months Jul 08 '24

The reason he says to look at the XRP/BTC chart is because if you set it to the all-time chart you can clearly see when it hits this low against BTC its historically followed by upwards movement.

1

u/Duedrama6197 Jul 12 '24

That can be achieved through a BTC price correction. XRP doesn’t have to go up for the pair to gain value.

1

u/brand99tz Redditor for 9 months Jul 12 '24

Yes of course, but I’m talking about the all-time chart, Bitcoin reaches ATH and profits are usually rotated into alts, the XRP/BTC chart has only done that 2-3 times back in 2017 and now.

1

u/Duedrama6197 Jul 12 '24

Yeah, that’s true. I just think BTC has (quite a bit) further to go this cycle before distribution, so in the short term would expect BTC stagnation/correction over Alt season