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Xrpusdshort

Ripple- New leg down?We all know that Ripple fell about 80% and the reasons for this, so I will not get into details... From the technical point of view, after this spiral down, XRP found some support around 0.16 and a correction has started. Looking at H1 chart we can see that this correction staled at 0.25 zone and we can clearly see a strong resistance here. The rise from 0.16 is in a flag and I expect a new leg down from this cryptocurrency. Confirmation for sellers comes with the price under 0.22 and 0.15 could be the target. Rallies towards 0.25 should be sold and, on the other hand, a break above this resistance would signal a deeper correction and expose 0.30 zone.
BITSTAMP:XRPUSDShort
by Mihai_Iacob
2
XRP Looks HorribleSEC news absolutely nuked XRP My two theories, have a building bear flag so may get a little upside wave followed by a greater downside wave Or it drops and finds support at 0.24 where it could from a flat bottom triangle - would be quite bullish for XRP If that level is lost though I think there will be heavy buyers at 0.20 but I would still stay away as it won't climb much higher because of the uncertainty My advice: don't trade this until the SEC news is sorted as it is very up in the air (very limited evidence) as to whether ripple will win the case or not - looks unlikely ripple will win in all honesty!
by InvestmentsHub
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
XRP stinks :/Lawsuit news has been a huge player in the massive 25% downside move today Not even 0.46 could save the day But 0.3 has so far Now this level has so far succeeded means we could move up to higher highs as hadn't been filled since we broke a good month ago now Selling pressure thanks to the lawsuit stops any strong moves up till we get some clarification - expect this in the coming days! I am of course still bullish on XRP - the links they have and payments they settle daily is immence Waiting for some bullish divergence then gonna look for entries, and hopefully ride some form of bounce!
by InvestmentsHub
XRPUSD Going to a write a piece here of what I think is to come for XRP (A lot of you wont like it because it's trash which is your opinion, but in my opinion it's probably the most utilisable crypto to be integrated into society). So as a lot of you will be aware ripple is having big issues with the SEC and lawsuits. Obviously this bad news for ripple and it's token XRP "hence the recent drop". I believe XRP will come down to the zone marked but not just because of the SEC but because I also think the crypto market will turn bearish very soon. BTC dragging all of the alts with it. I called the reversal point of XRP from the counter trendline which it did so perfectly. This is where everyone was screaming buy...$3,$5,$7 next which was never the case. Now everyone will be dumping what they bought and will have lost faith in XRP and never want to buy in again. This what the big players want. Since the current sell off the top 1% of XRP holders have increased their amounts of XRP holdings where the remaining 2-10% have sold some of their holdings. No one is interested in a chart like this when all the other cryptos are preforming well. This keeps investors away and I have said it before but will say it again no one wants to buy when its selling but everyone wants in when its booming. It doesn't make sense to me?! BUY LOW, SELL HIGH. XRP properties greatly outweighs BTC, LTC and ETH. Class this a statement and not financial advice RIPPLE with XRP will be the leaders in the crypto one day and I have no doubt that XRP will surpass $20 per token within the next few years. Isn't it a coincidence that world governments have started taxing crypto profits! the crypto bull run hasn't even started yet but those who will gain massively from it (which the players don't want) will be rewarded but the governments will have a slice of your pie because they know it's coming. This is an accumulation plan not a trading plan
BITFINEX:XRPUSD
by XHRISTIE
4
Heads up!So, I won't do this a third time but for the XRP Moon BoyZ out there we could possibly have a fourth Dolphin ; however in my experience Dolphins often don't stay in the air forever! Keep your raincoat near by I think your in the SPLASH ZONE ! 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??? -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
5
[XRP] X Ripple - What Now?Have you been trading XRP Recently? I wanted to share this trading opportunity with you asap, As this is the best point to enter the trade, "This is a stupid simple analysis of XRP" So what will happen to XRP now? If you observer XRP carefully, you will notice that we've been stuck in this range, where market rejected price of XRP to go above & below those two lines in a symmetric triangle (In the chart above). ...but what does that actually mean? this means there has been competition between bulls & bears, that trapped the price in this range. You might be thinking, so the question is who will actually win? for now, if you observe the market carefully, you'll see bears were able to break the support line. So What next? I'm expecting we see a breakout below the support line, and we trace back up towards the same support line (as shown in the chart), after which we get an amazing opportunity to place a short position. Where we can target for at least 5-10% (keep trailing till we see 2-3 green candles). here the risk is extremely low as the market would be in our favor :) . So what are your thoughts on Ripple? Are you "Long" or "Short" Comment below & Let's keep crushing markets!
Short
by daytraderstrategy
9