Analyst Issues Warning About Manipulation of XRP Price

Adekunle Joshua

The XRP price might be under the influence of manipulation orchestrated by affluent

individuals and major banking institutions

According to the analyst WallStreetBulls, they appear to be pushing for lower prices to accumulate more Ripple, thereby pressuring token holders into selling their holdings

The analyst also suggests that the media is complicit in this strategy by disseminating false information and sowing fear, uncertainty, and doubt about XRP

In light of these tactics, the analyst advises investors to remain vigilant, stand their ground, and stay well-informed

Furthermore, the analyst holds the view that XRP stands as one of the most resilient digital assets available, supported by a well-defined regulatory framework, strong legal backing, and the potential to positively transform financial systems.