A crypto expert claimed this XRP’s survival over the years Ripple was not due to the efforts of Labs, but from the loyalty of his community. Despite the explanations, despite disappointment, a group of long -term conservative and special supporter, which plays a decisive role in keeping the coin, emphasizes the role of the XRP army. Legal disputes for years and market difficulties.
Why did Ripple’s XRP survive?
The XRP has become a matter of discussion in the crypto community due to its connection with Ripple and its private army. A crypto market expert, known as ‘Crypto Bitlord’, received X social media on Tuesday. emphasize Despite his controversial history, why XRP did not collapse years ago.
According to him, the real reason behind XRP’s survival Unchanging support of the community Instead of waving himself. Crypto Bitlord announced that Ripple would fail years ago without the XRP army. From 2013 to 2021, he pointed out that the crypto company continued itself constantly. coachAn application he claimed was mainly absorbed by retail investors.
According to him, Continuous purchase from the XRP army He kept the crypto currency alive and maintained liquidity in turbulent times. Crypto Specialist also with the support of retail participants XRP Market value Ethereum (ETH) passedHowever, Ripple failed to do so because Ripple had a coin discharge history.
Interestingly, Crypto Bitlord’s statement came in response to a heated statement made by another crypto community member ‘Burymebig’. The commentator strongly controversial This fluctuation does not care about the XRP army, despite the community’s role in supporting the company in difficult moments. Recently resulted in the legal war US Securities and Stock Exchange Commission (SEC).
Many members accepted Burymebig’s statement and Ripple’s It was first operated as a job And the software company, XRP owners, protected different expectations by seeing a potential for the gains that change life.
Crypto Bitlord himself expressed Disappointment of XRP’s performance over the years, if it is a crypto currency Returning for $ 2He would completely liquidate their existence. After long lasting at XRP for 12 years, the crypto market expert admitted that he was disappointed with a significant lack of growth Compared to other leading crypto currencies.
XRP graphic points to possible short -term earnings
On the other hand, crypto market analyst Don partner A technical analysis on X estimates short -term rise targets for XRP. The graph summarizes two potential levels XRP’s next rallyDetermine price expectations to $ 4.45 and then $ 5.48.
Don’s graphic analysis reveals that XRP is doing in the long run rising channel. After having a strong upward movement at the beginning of this year, a subcoin decreasing wedge pattern. If the price of the XRP explodes from the wedge pattern, it can survive with Don’s close -term bull targets and climb towards the upper resistance of the canal.
The prominent picture from Istock, graphics from tradingView.com
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