XRP will be going down.
2025-01-22
Category: None

I expect a correction in the entire crypto market and more so in altcoins. 
The meeting of the Federal Reserve System (FRS) in January 2025 will be held on January 28-29. I expect that the rate will not be changed. There will be no downgrade.
Chinese New Year is usually celebrated between January 21 and February 21, which means a reduction in the activity of market participants.

Analysts at Trading Economics predict that the M2 money supply in the US will total $21,550 billion by the end of 2025.
M2 money supply is the volume of money in the economy: cash, deposits in banks, time deposits and other financial instruments.
Causes of a decrease in the M2 money supply:

-Rising interest rates. When interest rates rise, people and companies borrow less money and this squeezes M2.
-Inflation. When it is high, people and companies spend money faster, which also squeezes M2. 

All of this indicates that a bear market is coming for the U.S. and cryptocurrencies as well.

Translated with DeepL.com (free version)