TradingView
ElmoX
Sep 23, 2021 5:58 PM

XRP to 0.31..a possible scenario Short

XRP / U.S. dollarBitstamp

Description

⋅
Hello all! long time no seen! Here my thoughts for our dear XRP.

Before moving any further up, I believe a scenario where XRP would be pushed down to sub 0.40 area can be expected.

Crypto space could suffer from the SEC intervention in the market as the lawsuit is far from settled and with Gensler following his agenda. Mark my word, it will take down the entire crypto market and not only XRP.

This would coincide with the fact XRP has never properly tested 0.315 support too. That would be your very last chance to purchase some cheap bags.

Lets see how it plays out. Take care all and good luck!

Comments
Tighand222
⋅
Yes, completely plausible. While the rest of the market is posting new ATH's left and right, XRP is going to completely act alone, not make a new ATH and go into a year long consolidation well below a dollar. ðŸĪŠ
TF-Trader141
⋅
lol
jdo85
⋅
nice to see you thanks for posting ðŸ’Đ
plsikin
⋅
It means we long guys
Hooofmann
⋅
Your chart from 11. July is not valid any more or still an option?
Hooofmann
⋅
@Hooofmann, 11/7/2019
ElmoX
⋅
@Hooofmann, I think it will play out upward for spring 2022. Anything can happen. The SEC case / news when it will end will either provoke doom or boom.
chfaiz0786
⋅
How Long it take to reach that Point?
eddiemedusa
⋅
If we go down to 31c I will do whatever it takes to make money and buy EVERY XRP I can. Wow this would make so many people happy.
Danyboy46
⋅
Looks like it is going down atm
More