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Xrpshort

Ok, Stop"Anotha One..." Micro timeframe Dolphin! Long or Short ? Who cares it's inverted .. Hey Ripple Army thanks for the move down it was really rewarding. Is this Dolphin already up for another show? What are your thoughts? What is XRP good for??? -No advice just thoughts that I can't shake after the last 5 years in the world of "CRYPTO" ""KEEP CALM AND MANAGE THY RISK!"" P.S. Remember if you plan on hand-feeding the Dolphins please keep in mind Dolphins have teeth.
COINBASE:XRPUSD
by BradySWilliams
1
XRP unexpected correctionWhile Bitcoin has recorded ATH today testing 28,000 handle, remaining the winner across the board above all crypto peers, others miss the party. In just two days, Ripple lost around 70% of its value, reaching the price of 0.78 on December 24th, and today it struggles to maintain its bullish bias appearances by trading at the 0.28 handle. It took the market less than 24 hours to be shocked by the SEC's news (Securities and Exchange Commission) suing Ripple Lab executives for failing to register XRP with the agency. This unexpected event brought the third most important cryptocurrency to its knees, only below Ethereum (ETH) and Bitcoin (BTC). Ripple (XRP) has a market valuation of 21 billion US dollars, which places it in the third position. With the last two trading sessions under a bearish tone, the price is currently trading above the golden fib level 618, finding the first challenge for the market's bears, with ten more hours ahead for closing today's candle. Checking the RSI, the indicator is in the oversold domain with no sign of bullish divergence. The closing of today's candle may bring more clarity to forecast market sentiment. -- *** If you like the idea, please don't be shy and click on the like button; also, comments are very welcome. | Thanks for your support!!! ***
BITFINEX:XRPUSDShort
by OGFXTRADER
XRP only way to to survive the swingsEven with mixed sentiments, the ecosystem and markets, old and the new, can agree to the injustice on the future of financial ecosystem in guise of Ripple. As the stories unfold, we start tracing XRP's journey from the final top debuted as SPARK token, to the 8th circle of hell just above 0, the abode of the fraudulent. Every leg pull to next circle, will be followed by double, triple buy volume bars. This is something we have observed for a long time and is concurred by investigation findings. These buy walls are orchestrated by the company to pump the price, hodl sentiments and add to the ever increasing bagholders; This fraudulent market making has been periodic over the course of bull market and since the recent events, rather hasty and frequent to counter multiplied gravity of the circles. Only way to safely trade XRP is to not trade it at all, however if you have gone through the period of learning about risk management from losses, you may resort to the least riskiest way, shorts on the peaks of company pumps. Use leverage as you get accustomed to recognizing these, but be very careful. It has taken me several liquidations over 75x leverage to time these candles, or rather the wicks, with great precision.
Short
by markhor-ka-seengh
7
Is that a Dolphin!?Careful I think I just spotted a Dolphin!?! I think most have an opinion on XRP. Hate it or love it they know how to put on a show just like the Dolphins at SeaWorld. LOL The recent news has likely spaked zero new ideas for the majority of traders on XRP but it is still worth making a post about it lol. Transactions are fast though LOL Well at the moment glad I went short at .65 IDK really after all this.. What are your thoughts? What is XRP good for??? Am I off base perhaps just salty I sold at $18,688 and we aren't back at $9,889 already? (I am "SHORT" because I sold) -No advice just thoughts that I can't shake after the last 5 years in the world of "CRYPTO" ""KEEP CALM AND MANAGE THY RISK!""
COINBASE:XRPUSDShort
by BradySWilliams
4
XRP/BTC : What are the important areas? - Airdrop approachingJust wanted to give a quick update on XRP/ BTC - the airdrop approaches on the 12/12/20 and every holder of XRP will recieve 1 SPARK token for every 1 XRP token they hold. It sounds great on paper - but many new investors see this as a easy way to make "free money", the risk being after the airdrop occurs the main token can plunge leaving the investor with a largely devalued asset & if the free token from the airdrop does not hold value you put yourself in a bad position. One strategy you can use to prevent this is using a trailing stop loss, or manually raising your stop loss as price increases. You may get knocked out and lose your chance at a airdrop - but more important is not losing your initial investment or having a extremely large dint in your portfolio from bag holding a failed airdrop hype. Right now XRP is showing some Bullish signs - for example the Bull Pennant pattern (where price makes a straight run upwards then converges inbetween a small wedge with 4 touches, a potential sign of continuation upwards) but signs are just that until proven true. We are still under some important resistance areas, and i give a warning that if XRP BTC loses the key support area of 2900-3000 a significant decrease in value is possible. The Bull Pennant pattern is not the only mixed signal here- it has a high success rate - but all patterns can fail. We have been making consecutive LH's Lower Highs which are a sign of a downtrend continuation, but we are also making a LH (Lower High) which is a sign of a uptrend continuation so XRP is coming to a pretty crucial area and we should see confirmation of direction soon. The fibonacci tool is usually drawn from one key swing point to another - and gives us potential key levels to watch. It is quite common for the price to come up to the 0.618 fibonacci and decrease in value, rejecting from there. Right now XRP has currently come down from that area, aswell as a Supply Cluster (if you dont know what a Supply Cluster is; click on the below linked idea for a in depth guide on how to use them in your Technical Analysis ), basically a Supply Cluster is a small rectangular formation where a large decrease in price occurs from - when price revisits this area it is common for it to decrease in value once again. These factors lead me to believe that short term the 0.618 & Supply Cluster is the most important point of reference followed by the support under us. So while we are under the 0.618 resistance area i would be wary on XRP. If it does start to increase in value as a trader i would definately consider a plan to take profits and be out of the trade before the Airdrop ends if thats what your aiming for - or know where your going to cut your losses if thats the case, as mentioned under 2900-3000 satoshis can see a large retrace with a potential of moving down towards 2400-2500 satoshis. If you were wondering what the zones you can see on the charts are - they are explained in the bottom linked idea :) Thank you traders, if you found this post informative show your appreciation by giving us a like or comment!
by Worth_The_Ri5k
XRPUSDT - Bearish Move Update!Daily - On a move to form a HL (Since the bullish move was quite Heavy its going to take the market sometime to find a good bearish move) 4H - Market is respecting our 4H pattern until now. Next move is from our LH to LL around 0.47865 price BUT 1H... 1H - BUT looking at the 1H, we could expect some pull back to 0.55 price level before making move to the KEYLEVEL at 0.47865 (Let's see which scenario 1H will playout and then we look for a Buy or a sell once market hit the KEYLEVEL).
Short
by Capitalflowsam
2