✴️ How Will The 2nd Flash Crash Affect XRP?
It can be positive just as it can be negative and so we are left not knowing for sure what is going to happen. Long-term, it is 100% positive.
For example, the SEC is ordered to drop its lawsuit against Coinbase or Gemini or one of the spot ETFs gets approve. We are talking about the 28th of August.
On the negative side, I am always seeing the Binance crash as the negative event but anything can happen.
Obviously a positive would sustain the current bias and push prices straight up. A negative would produce a second flash crash and that will push some people to the breakdown point.
The Cryptocurrency market has never been easy, so I wouldn't be surprise if we have to face more pain before going up.
Namaste.
For example, the SEC is ordered to drop its lawsuit against Coinbase or Gemini or one of the spot ETFs gets approve. We are talking about the 28th of August.
On the negative side, I am always seeing the Binance crash as the negative event but anything can happen.
Obviously a positive would sustain the current bias and push prices straight up. A negative would produce a second flash crash and that will push some people to the breakdown point.
The Cryptocurrency market has never been easy, so I wouldn't be surprise if we have to face more pain before going up.
Namaste.
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