숏

XRP target is still 0.32 not 400$ lol

업데이트됨

Retesting of a broken weekly triangle with a strong rejection candle and long wick (technically we still need to wait for 3 candles to close below or breakdown of 0.53 support for confirmation)
I see no reason for going higher than this because most of this move happened on low volume weekend and some nonsense news like the anniversary of last year's pump!
Without any extra demands in this area by retail traders sooner or later we will see retest of support from 3 years ago only then I expect greed and accumulation start again (which means more time for Ripple to dump its holdings)

노트

Another lower low in weekly chart

노트

lower high*

One more year has passed, and still, there is no resolution for the XRP court case. This is what I expected—it will take as long as possible because it's beneficial for Ripple. The longer it takes, the more they can sell the XRP dream of $400 after the case. However, the reality is that after the court decision, the price may pump a little bit, but then it will drop significantly. In the world of crypto, everything is about hype. Without the hype around the SEC case, there will be no new buyers for Ripple to dump their bags on.

노트

Seems we are heading toward 0.32 but since this coin is highly manipulated and controlled by Ripple and very few individuals, very risky to trade and can pump again anytime, I closed all my shorts and will move my money to buy BTC, bye bye XRP

노트

Just saw a couple of charts in the idea section, seems like only idiots are buying XRP now , I can't believe people still drawing triangle after 5 years of drawing them and none of them worked
I will to open short positions again between 0.6 and 0.7