XRP/USD [8H]
Some stabilization today, which is generally good when the market is volatile in a negative way.
We will stay with the same outlook, the only way is up if you zoom out.
The entire correction of this pattern is just one huge range, which means that a break-out will most of the time occur.
We will continue to monitor.
XRP/USD [8H]
A red day for many indeed, including XRP holders.
Most important element that happened is the fact that there is a good chance that further rate cuts will happen in December which is exactly the type of boost we need, the entire stock market as well.
We remain in a critical position, but the sideways show is still continuing, meaning that we are still in line for the expected continuation.
All of this personally for us is a discount zone.
We will continue to monitor.
27.48K
294
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.