From where we are with the XRP price right now, i am still seeing two possible scenarios, given that the BTC is still preparing for a major correction. Either BTC corrects as XRP price is still in current region (ABC correction), or after XRP moves up to a fair price with the rest of the market (close to 0.786fib. level) and then BTC corrects pulling most of the altcoins together with it. If i was you, i wouldn't short XRP as it is simply to risky at that point.
I am not a financial advisor so don't buy anything that a say. Wish you all safe and successful investment.
XRPUSD
I am not a financial advisor so don't buy anything that a say. Wish you all safe and successful investment.
XRPUSDNote
Again, timewise i could be complitelly wrong as these things cold play out in a much shorter timeframe or even longer. Just so you don't get confused why the yellow chard is so streched across timeframe. It is just so it is easier to imagine for all of you.Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.