OrcChieftain

Short from these levels is a decent idea

Short
XRP is facing delistings and trading suspensions as a result of an American lawsuit. This is why overall sentiment is bearish but I do not expect it to shatter XRP over long term. It is higly advantageous blockchain for the banks. They won't give it up, they may give up the US customers though. Anyway, the technicals say the blue level should be good for opening shorts.

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.