Featured image from Outlook India, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Linda P. Jones has identified a life-changing buying opportunity for XRP, urging investors to capitalize on this moment. Jones, known for her works, “3 Steps to Quantum Wealth: The Wealth Heiress’ Guide to Financial Freedom by Investing in Cryptocurrencies” and “You’re Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!” took to Twitter today, sharing her bullish perspective on several cryptocurrency assets. She fervently states, “Gave a wake up call to VIP Experience members today: If you’re not investing in XRP at $0.60, XDC at $0.06, ALGO at $0.10, XLM at $0.10\u2026don’t come crying to me when they are higher!” Drawing attention to the present market valuations, she highlighted that many of these assets are currently “selling at a deep discount”. She further advised her followers and readers to take a decisive stance on their investments. “You need to be scooping them up, without a perfectionist mindset of being too afraid to buy if it isn’t the absolute bottom.” Related Reading: Institutional XRP Holdings Rise Rapidly Following Ripple\u2019s Win Over SEC While Jones accentuates the potential gains of these assets, she equally emphasizes the investor mindset. Suggesting that the pursuit of the perfect buying point might be a fallacy, she stated, “You need to be scooping them up, without a perfectionist mindset of being too afraid to buy if it isn’t the absolute bottom.” Emphasizing the timely nature of the present market conditions, Jones opines, “These are life changing prices, but you must take action. The least amount of risk is when prices are low, which is NOW. Could they go lower? Yes. So what, they will likely be a LOT higher in 2 years or sooner, so what are you waiting for?” XRP Price Analysis A price analysis of the 1-day chart suggests that the XRP price is at a crucial point following the summary judgement in the Ripple vs. SEC case. Related Reading: SEC Asks Court To File Interlocutory Appeal Vs. Ripple, XRP Price Stable At press time, XRP was trading at $0.59, down more than 35% from its yearly high at $0.93 following the summary judgment in the Ripple against the US Securities And Exchange Commission (SEC) case. Before the verdict was announced, XRP was trading at $0.47, meaning that the XRP price has already lost most of its gains following the euphoria over Ripple’s victory. A look at the 1-day chart shows that XRP found support at the 100-day EMA at $0.5782 yesterday. Subsequently, XRP bulls managed to stage a small recovery. However, XRP is not out of the woods yet as the correction could continue unless the price shows a signal of trend reversal on the shorter timeframes. A first step would be to break above the 61.8% Fibonacci retracement level at $0.6340. A strong confirmation would be a spike above $0.69 where the 50% Fibonacci retracement level is located. In a bearish scenario, XRP also loses the 100-day EMA and falls towards the 200-day EMA at $0.5256. The level can be interpreted as the most crucial support at the moment. If the “bull line” fails to hold, the XRP price could face a crash to pre-Ripple ruling levels. Featured image from Outlook India, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":547512,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[89142,3680,3799,4531,10972],"class_list":["post-547499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-lindapjones","tag-ripple","tag-sec","tag-xrp","tag-xrpusd"],"acf":[],"yoast_head":"\n
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Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/wncen.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Best-Selling Author Touts Buy XRP Now, But This Price Is Crucial","url":"http:\/\/wncen.com\/news\/ripple\/best-selling-author-buy-xrp-now-but-this-price-crucial\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/best-selling-author-buy-xrp-now-but-this-price-crucial\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/IMAGE_1689591848.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/IMAGE_1689591848.jpg?fit=1200%2C675"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["lindapjones","ripple","sec","xrp","xrpusd"],"dateCreated":"2023-08-16T12:50:07Z","datePublished":"2023-08-16T12:50:07Z","dateModified":"2024-06-11T07:55:32Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Best-Selling Author Touts Buy XRP Now, But This Price Is Crucial\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/best-selling-author-buy-xrp-now-but-this-price-crucial\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/best-selling-author-buy-xrp-now-but-this-price-crucial\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/IMAGE_1689591848.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/IMAGE_1689591848.jpg?fit=1200%2C675\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"lindapjones\",\"ripple\",\"sec\",\"xrp\",\"xrpusd\"],\"dateCreated\":\"2023-08-16T12:50:07Z\",\"datePublished\":\"2023-08-16T12:50:07Z\",\"dateModified\":\"2024-06-11T07:55:32Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/IMAGE_1689591848.jpg?fit=1200%2C675","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/547499"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=547499"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/547499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/547512"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=547499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=547499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=547499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"XRP](\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/XRPUSD_2023-08-16_12-17-40.png?resize=3628%2C1672\")