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norok
Nov 25, 2020 9:54 PM

Ripple showing weakness Short

XRP / DollarBitfinex

Description

Ripple has consolidated from the other night when I receive two text messages from long lost friends with no crypto experience asking if this was a "long term hold" "for their retirement." I told them if they were asking that question, feeling that good about their position, they needed to take profit. That's euphoria... and it's reflected in the price. BE SMART.

Right now price is consolidating and so far holding Support. However, I think that with momentum weakening a break could trigger stops for a downmove.
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