💥 #xrp As prices plunged, a commentator made a bold declaration! Mason Versluis said he wouldn't sell a single share below $5, and would only cash out 10%–20% of his position once it reached his target price. Now $XRP
has fallen to $1.08, down more than 7% in a single day and nearly 13% for the week, hitting its lowest level since August. It has been cut in half again and again from its all-time high.
This decline is the result of several negative factors piling up: changes in the makeup of Congress have made crypto regulation even more uncertain, compounded by a weak broader market and fearful sentiment. The community is divided: some are taking the opportunity to buy the dip, while others bluntly say $5 is wishful thinking and warn everyone to watch out for a deeper correction. Right now, $1 is a critical make-or-break level. Everyone is watching to see whether it can hold 👀
has fallen to $1.08, down more than 7% in a single day and nearly 13% for the week, hitting its lowest level since August. It has been cut in half again and again from its all-time high.
This decline is the result of several negative factors piling up: changes in the makeup of Congress have made crypto regulation even more uncertain, compounded by a weak broader market and fearful sentiment. The community is divided: some are taking the opportunity to buy the dip, while others bluntly say $5 is wishful thinking and warn everyone to watch out for a deeper correction. Right now, $1 is a critical make-or-break level. Everyone is watching to see whether it can hold 👀