TRADE ALERT - LONG XRP

#RIPPLE #XRP #COINBASE #SEC #CRYPTO #ALTCOINS

Mar 17, 2023

Position = xrp
Direction = long
Entry = .365
Stop Loss = .30
Take Profit(s) = TBD
Risk/Reward = N/A
Leverage = NONE
Profit Potential = Aiming for 2-3x or more on this one

Traders,

Been a while. With the advent of Coinbase joining forces with Ripple to fight for fair and defined crypto definitions, regulations, and policy from the SEC I am more optimistic that the SEC will be forced to quit their arbitrary policy shifting which allows them to win at will whenever convenient. And, of course, it’s always convenient to change the rules of the game when you can put billions of dollars in your back pocket, have unprecedented influence over both micro and macroeconomic conditions, and play politics for the most elite power brokers of the world. And that is what the SEC has been doing for the last 10+ years with the crypto industry. It’s time they are forced to make the rules clear for the crypto industry and allow the industry to play by those rules without fear that they’ll be changed on a whim. The standards (if it can be called that) that have been set only seems to discourage and destroy ingenuity and demolish great blockchain technologies. It’s time for a change and I believe Ripple joined with Coinbase can finally begin the long process of regulatory change (via clarity) needed in the crypto industry.

My optimistic sentiment here combined with the technicals on this long-trending bullish triangle chart pattern have inspired me to throw another good chunk of my $10k portfolio at Ripple.

LFG!
Stew