If you're still treating XRP like a dead chart, stop now.
Traders who sold after two brutal quarters may have missed one of the sharpest reversals in the market. But chasing a 45% move can be just as costly as ignoring it.
$XRP fell 27% in Q1 and another 23% in Q2. Now it is up 45% in Q3 so far, flipping back-to-back red quarters into one of its strongest Q3 runs in years.
The bearish case is that this could still be a relief rally, especially if $BTC loses momentum and drags $ETH and the broader altcoin market lower. But the bullish case is stronger in my view: a reversal this large after sustained weakness signals that buyers are willing to step back in, not just speculate at the margins.
Would you treat XRP’s 45% Q3 surge as the start of a larger trend or a rally to sell into?
#XRP #AltcoinSeason #CryptoMarkets
Traders who sold after two brutal quarters may have missed one of the sharpest reversals in the market. But chasing a 45% move can be just as costly as ignoring it.
$XRP fell 27% in Q1 and another 23% in Q2. Now it is up 45% in Q3 so far, flipping back-to-back red quarters into one of its strongest Q3 runs in years.
The bearish case is that this could still be a relief rally, especially if $BTC loses momentum and drags $ETH and the broader altcoin market lower. But the bullish case is stronger in my view: a reversal this large after sustained weakness signals that buyers are willing to step back in, not just speculate at the margins.
Would you treat XRP’s 45% Q3 surge as the start of a larger trend or a rally to sell into?
#XRP #AltcoinSeason #CryptoMarkets
