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Xrpusdshort

I am finally bullish on XRP! This is a perfect long entry. I am no longer bearish on XRP/BTC. 95% of my calls out of about 20 on XRPBTC have be correct so far. I believe that many bullish indicators are playing out, including an XRPUSD / XRPBTC convergence, prolonged uptick in volume, ridiculously prolonged oversell on the RSI, as well as the recent bull run in BTCUSD all indicate that XRP is due for a nice rally. Rally probably won't happen straight away, so expect an initial rally up to 0.00004200 and then a correction back down to 0.00002800. Already made a tonne shorting xrpbtc so hopefully we can make some profits on the upside.
Long
by zmassey
2
Let's just appreciate how bearish this chart looks. All of the gains we've had over the last three months will be completely wiped out in less than one month. This chart looks incredibly bearish. Once these monthly candles form it's extremely difficult to change their course. XRP will be at 30 cents or even lower this July. That last rally we had in May was a final attempt by whales to create enough volume so that they can exit the market. The fact that Joel Katz "de-risked" by selling his bags before this Rally happened should be indication enough that this market is about to entirely capitulate. I feel extremely bad for the mom's and dads that have put their life savings into these s#$%-coins expecting to get some sort of retirement out of it. A wave of Suicides and divorces will ensue, believe me. XRP has been a grand failure, lets face it. Wild expectations and extremely dismal fundamentals. Inb4 "but moneygram". Literally shut up about this, moneygram is a s%#% company that is facing massive financial difficulties. Their stock looks worse than Deutsche banks. Please stop getting the wool pulled over your eyes by twitter influencers and youtubers. It's all hype and conspiracy, that never leads to anything meaningful ever in XRP's history as a cryptocurrency. I've been around for 4 years trading this s-coin and the narratives and riddles have always been the same bs.
BITFINEX:XRPUSDShort
by zmassey
6