UnknownUnicorn18786591

Ripple the company is not giving up on manipulation

Ripple, the company is not giving up on manipulation of markets, printing typical market manipulation candle patterns (in this case better visible on 5m candles but it would not let me publish 5m candles chart) even during the weekend. Larsen, Caleb, Garlinghouse, for them every percent means a new yacht, 5 percent another jet. They will be happy with prices anywhere above 0.4 for the remainder of this year though. We have seen way too much of wash trading in XRP chart since February. Noone seems to care, hopefully, SEC does.
Comment:
I always thought Ripple's narrative about the base of their community being in Japan is fishy. I would not be surprised if these are to large extent social media bots in Japan, (same as in the west, where it was already discussed) and if Ripple's trading bots and large white horse accounts manipulating the market operate from Japan with the assistance of SBI (who always actively participated in colorful XRP propaganda for known reasons)
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.