XRP Price Action
March of 2020 – XRP was trading in the $0.11 range. This was a really good time to accumulate.
November of 2021 – XRP was trading in the $1.80 range. This was a really good time to take profit.
December of 2022 – XRP price dropped into the $0.35 range. That’s a draw down of about 80% which we believe was the bottom and a good time to start accumulating.
We believe that in the next market cycle the price of XRP will reach the $13 range which would be a 37X move. That means a $5,000 investment would turn into $190,000.
It’s pretty tough to buy the bottom and sell the top. However, buying XRP today with a plan to exit your position as the price nears $12.00 could produce a 15X to 20X return.
Important: This information is for educational purposes only. Please seek professional advice before investing in cryptocurrency.