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kegman83
Jun 15, 2018 1:47 PM

$XRP nearing a Stoch cross on the daily candles Short

XRP / BitcoinPoloniex

Description

Very bearish on XRP news. Santander and Western Union both reject its tech. I see no reason not to short this SECURITY into the ground.
Comments
JerryRipple
FUDSTER!
OSx28
Hi, interesting analysis, just wanted to know where you got the info about Santander? If you Google "santander and ripple" you get nothing but good news. How just yesterday they opened a service in Brazil and how its xrp service is now live in certain european countries. If you could please let me know where you got the news that Santander rejected ripple, it would be very much appreciated because I can't find it myself. I would also like to know your opinion on WU admitting that their trial comprised of only 10 transfers which according to the Ripple team is no where near sufficient to see the true scale and savings. Another thing I would be very grateful is if you could please point me to the SEC official statement on Ripple being a security. I also searched and searched and was unable to find it.

One final favor, if its not too much to ask. Could you please explain to me why BTC and ETH and practically every other coin on the market has had nearly identical moves downwards as XRP in the past few weeks? What is wrong with BTC that it dropped over 30% since 9950 or so a few weekds ago? Western Union also had some harsh words for bitcoin, is that the reason it dropped today?

Thank you very much for your explanation.
Andross
@OSx28, I second this
devongraham
the timing of this happening cant be a coincidence i totally agree
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