porterstone

$XRP to underperform $BTC in 2020

Short
porterstone Updated   
POLONIEX:XRPBTC   XRP / Bitcoin
Don't like this chart for the bulls

Consistent lower highs since summer 2017

Bit of a floor around 2000 - 2200 sats

Concave price action is really bearish

Wouldn't be surprised to see the trap door open on this and see all the ripple moonboys capitulate

Possibility of this coin loosing its top 10 seat. Plenty of other projects deserving of the spot.

With that said, could easily see a moon spike out of nowhere next altseason, so will hold a small amount of this s-coin.
The worst s-coins tend to pump the hardest.
Cool names, cool symbol, website design, buzzwords, shill army and advertising > use case, fundamentals, long-term prospects for fomo spikes

Just don't be surprised if this takes a massive shit and goes to 200 sats.

Comment:
The price action reminds me a bit of the decending triangle on $BTC in 2018 before its s-the-bed to $3.3k

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