The legendary trader John Bollinger has it Proposed That the ripple-related XRP cryptocurrency could become the new market leader in recent social media posts.
Using a vibrant phor sourced from the Green Myth, Bollinger points out that major altcoins “resisted the signature of the best siren song these days.”
This is the first time Bollinger has placed emphasis on XRP price action for years. In 2018, he said he didn’t know enough about the token.
The famous charutist, who is mostly known for inventing the widely used Bollinger Band indicator last month. It was rejected The idea is that Bitcoin (BTC) was in the Bear market.
All eyes to XRP
XRP has been able to show much more resilience during the recent downturn in the cryptocurrency market. On Thursday, we added 0.58%, but Bitcoin, the pioneering cryptocurrency, plummeted over 4%.
Ripples-related tokens have increased by more than 16% over the past four days.
The recent surge is driven by the topic surrounding Franklin Templeton’s XRP ETF filing. 1.5 trillion investment Titan has participated in Bitwise, 21 shares, WisdomTree and others in the race to launch such a product in the US
It has also been reported that the legal battle between Ripple and the SEC is closing. The company appears to be trying to negotiate a more advantageous term after being fined $125 million last year. Meanwhile, the SEC is trying to determine the legal status of the XRP token.
