I believe XRPUSDT is heading downtown
2024-12-10

As much as I would love XRP to pump further, I don't see it happening. Momentum has been waning for days now and it's accelerating it's dumping as we speak. I believe there might be MINOR support around the $1.90 mark, and then will hover around $1.50 temporarily, but eventually I believe it's heading back to around $0.60 - $0.70 within the next month or so.

  

People getting caught up in the pump really need to zoom out and starting looking at weekly charts. It's near vertical. I've been through this before back in 2017/2018.

  

I'm personally going to wait until it reaches the $0.60 - $0.70 level and show signs of consolidation. From there, I will start DCA'ing in.

I may look at taking a short-term trade around $1.50 to help accumulate more however.