As you can see, as the dollar falls, XRP rises, to a much higher degree. As the dollar rises, XRP falls. Hence XRP is a superb Dollar hedge if you believe that the dollar will soon lose value. A significant breakdown of the DXY rising channel would send XRP skyrocketing.
XRP, the best DOLLAR HEDGE in my opinion.
This is not financial advice. This is my/our opinion. Consult with a financial professional before making financial decisions or investing.
We are SHORT USD and LONG XRP.
XRP, the best DOLLAR HEDGE in my opinion.
This is not financial advice. This is my/our opinion. Consult with a financial professional before making financial decisions or investing.
We are SHORT USD and LONG XRP.