NayefSays

XRPUSD Short

Short
NayefSays Updated   
this either bleeds lower and then nukes later this week. Or it quickly resolves higher. This is a good entry as i see more things fundamentally that can lead to lower prices than higher prices.

SEC case likely not a winner otherwise they would have leaked the potential win and pumped the price. Its probably heading negatively for XRP but maybe neutral for Ripple labs, but coin likely goes to zero.

also market structure now bearish and making LLs and LHs. Keeping it simple.
Trade active:
position still open as i did not have a hard stop. That felt like the final exit pump and news turned out to be a nothing burger.
Trade active:
took off half at 0.47
Trade closed: target reached:
closed out remainder here at 0.48. BTC very bullish price action and XRP could do 1 more leg up.
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