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The XRP / XLM correlation
If you look at this post and my previous post, you will see the strong correlation in between these two cryptocurrencies.
I know that the hole market haves a correlation, even though that correlation did decrease, XLM and XRP seem to always move in the same direction. Knowing XLM is 1/3 the price of a XRP could be a smart investment. Now this is obvioulsy not a good enough reason to invest, but if you like the XLM crypto for what it is too, then it could be a wise move.
I say this, however I have not invested in it myself.
It is just something to think about.
I know that the hole market haves a correlation, even though that correlation did decrease, XLM and XRP seem to always move in the same direction. Knowing XLM is 1/3 the price of a XRP could be a smart investment. Now this is obvioulsy not a good enough reason to invest, but if you like the XLM crypto for what it is too, then it could be a wise move.
I say this, however I have not invested in it myself.
It is just something to think about.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.