bonic

XRP bull boys where art thou?

Short
Are the bullboys waiting for xrp to reach the last line of support or is XRP heading towards the crypto abyss? Well, if the last line of support does not reject the bears, then I fear the worst. But if XRP does breakout to the upside and retest the $0.28 region and break out towards $0.4 region. Then I'll be hopeful for the XRP project. But for this to happen, XRP has to break through several resistance. Past indications, does not have to be future predictions, but I do reckon it's more difficult to pump than to dump. Currently shorting, gonna take most of the profit at $0.24 region. Then I'll open new long position. If these levels are being rejected by the support. Then I will keep the long position open, but if not. I might consider cashing out, before XRP heads towards the crypto abyss.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.