Why it is a good idea to start shorting XRP at $2.16 (4/12)

Two clear distribution channels on the daily timeframe that have harmed a lot of retail investors FOMOing in.

Scenario 1: XRP continues its trajectory in the downward distribution channel, potentially dumping to the downside at any time

or

Scenario 2: Reversal of downwards channel with price trending upwards for an extended period on the daily (most likely in the bottom half of the upward channel)