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Xrpusdshort

XRP Price Analysis - SEC Lawsuit Creates Bearish PressureRelative Strength Index: The RSI is currently at a healthy 41 points. This means the market is neither overbought or oversold, meaning most likely XRP will continue trading sideways for the next day. Bollinger Bands: The price is within the bands' range, however it's below the MA which means that there is slight room for upwards correction. Volume: There is a good amount of volume, even for the weekend which is surprising. This means that the market has enough power to make some moves in either direction. XRP Price Prediction Both the RSI and Bollinger Bands are signalling a sideways market. However, the volume tells us that movement in either direction is not unlikely. Combine the above signals with the bearish news about the XRP lawsuit and the most likely scenario is more bearish momentum in the coming days. XRP has massive support at the $0.26 level, so my prediction is that XRP will touch that point sometime next week, and depending on any more news regarding the SEC lawsuit XRP will either rebound upwards or continue trading at that support level. I don't see XRP dipping below $0.26 unless the SEC decides it's a Security. Read Full Analysis : themerkle.com
BITSTAMP:XRPUSDShort
by nulltxmark
XRPUSD formed a bearish gartley | A good short opportunityWith the formation of bullish gartley pattern which I have published in my previous below idea: The price action was also forming another bearish harmonic gartley pattern and now it is entered in potential reversal zone to hit the targets soon insha Allah. But MACD is strong bullish and Stochastic is also bullish and did not give bear cross sofar moreover the Volume profile of complete pattern is showing that the traders are still interested to trade above the potential reversal zone but not above the resistance line. So for secure trade we can wait for MACD to turn weak bullish from strong bullish or for Stochastic to give bear cross then by and the PRZ area or the resistance line can be used as stop loss in case of complete candle stick closes above the PRZ or resistance, coz if the resistance or PRZ will be broken then D leg can be extended from 1.27 to 1.618 fibonacci to form a bearish butterfly pattern and this gartely can be invalidated. I have used Fibonacci sequence to set the targets: Sell between: 0.25975 to 0.26308 Re-Buy can be between: 0.25713 to 0.25083 Enjoy your profits and regards, Atif Akbar (moon333)
BITFINEX:XRPUSDShort
by moon333
4
Short this S-coin to 20 cents. Absolute pump and dump garbage.It's been very obvious for a long time where this coin is going and that is 0 cents. It has all of the characteristics of a penny stock during the dotcom crash. Great coin with potential utility but xrp really destroyed themselves by resting all of their business revenues on the pumping and dumping of this token. There are things they shouldn't have done in retrospect. They shouldn't have given themselves unabated power over escrow, and their whole business model shouldn't have been made dependent on the value of the token to begin with. Very sad situation unfortunately.
BITSTAMP:XRPUSDShort
by zmassey
25