Analyst Issues Warning About Manipulation of XRP Price
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.