The post Keep XRP Out of Your Crypto Portfolios, Says Renowned Macro Investor appeared first on Coinpedia Fintech News
Renowned macro investor Jason Pizzino has issued a bold warning to cryptocurrency investors, advising them not to include XRP in their crypto portfolios. Pizzino points out that, despite the short-term gains, $XRP continues to face significant challenges above its 2017 high of $3.40.
A Clear Warning on XRPAccording to Pizzino’s analysis, XRP faces a big challenge, seeking to make a ridiculous 2600% return to break even against Bitcoin’s 2017 peak.
$XRP does not belong in your #crypto portfolio, ever. Even if it pumps this cycle, XRP must do over 2600% to break even against #Bitcoin value from 2017 peak.
Last cycle it managed 500% and is now at risk of breaking the SEC Lawsuit low; just 30% away.
The only benefit to… pic.twitter.com/ddLUf7fQQF