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Sherem
Jun 23, 2019 5:31 PM

Exercise caution with XRP 

XRP / DollarBitfinex

Description

If we fail to break above 50 cents and the market starts turning, make sure you have a stop loss in place.

While we have an ascending triangle type pattern, we have also still systemically been creating lower high's. Is it because of Libra? Does libra void ripple out, or is ripple still relevant with the purchase of money gram? Hmmm.

Happy trading and hodling,

-Sherem

Comment

Well that's why I said to be cautious

Comment

Broke to the downside, we go to 30 cents now. Might get some chop along the way, but be cautious.

Comment

Guys... if we see BTC continue down, XRP is could break 30 cents. This is gonna be painful.

Comment

Followed that line to the downside nicely
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