TradingView
Mihai_Iacob
Jan 30, 2022 5:00 AM

Ripple- 0.7, a good place to sell short Short

XRP / U.S. dollarBitstamp

Description

After the recent 0.55 low, Ripple has found support and, like all crypto market is in a correction.
This correction can be a good opportunity for speculators to join the trend and sell this rally.
A good place for this can be 0.7 resistance with a target towards 0.5 important support.
Sustained buying above 0.7-0.75 would negate this scenario
Comments
Patralis
One thing to make note of: make sure to write XRP and not Ripple. XRP is the currency, Ripple is the company that created XRP. Other than that, decent analysis.
MMBTtrader
i think xrp soon can pump
Mihai_Iacob
@MMBTtrader, let it pump to 0.7 to take my sell limit
yonsfx
Thanks!
Mihai_Iacob
@yonsfx, welcome
UnknownUnicorn1547977
Sorry, but you are totally wrong.
Acrome77

Similar idea
MarsSignals
We were also short on XRPUSDT and all of the targets were hit. It is time to rise according to your chart.
MarsSignals
Excellent.
CobraVanguard
Beautiful setup mate. Thank you!
More