SWIFT Go Fall Down; XRP Dey Hold $3 Because Ripple NDA Plans
XRP dey consolidate near $3, e mark one healthy pause afta e break commot from one 2,500-day symmetrical triangle. Galaxy analyst talk say dis consolidation na corrective phase, e dey build momentum for possible breakout go $5 or pass. Make e hold steady for $3, if e drop below dat, e fit cause XRP to check $2.60 again.
Sal Gilbertie, CEO for Teucrium, predict say SWIFT go collapse, e talk say Ripple NDAs na di main reason wey fit cause global payment revolution. Di chance say SWIFT go collapse dey make people ginger for XRP as cross-border bridge currency. Teucrium launch of 2x leveraged XRP ETF show say dem institutional people believe for Ripple fast settlement solution.
Traders suppose dey watch support level for $3 and resistance zones for $5 and $7. If consolidation hold with volume dey rise, bullish momentum fit speed up. But if e break $3, na sign say short-term bearish pullback fit happen.
Bullish
News say how XRP dey hold body for $3 after im breakout from long time symmetrical triangle show say e get structural strength and healthy price movement. Galaxy talk say dis break small na good break, e mean risk no too much as far as $3 level still dey ground. Meanwhile, Teucrium CEO Sal Gilbertie talk say SWIFT go crash, and im talk on top Ripple NDA show say more institutions dey interested and e fit enter real-world use. Teucrium launch 2x leveraged XRP ETF na proof say demand dey rise and market strong. Historically, before big breakouts like Bitcoin accumulation phase for 2019, consolidation dey happen first and e dey usually lead big rallies. If XRP fit get key partnership under NDA, e fit make cross-border settlement use strong, and make market sentiment better. Short term, traders fit dey buy pass when price dey near $3. Long term, if NDA projects succeed and SWIFT waka, XRP fit reach higher resistance points. Altogether, all these factors dey make XRP outlook dey bullish for short and medium term trading.