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SEC Ripple Effect. Buh-bye XRPF.U.D.? Maybe, but fear is a highly conserved trait because occasionally that bear behind you is actually about to eat you alive. Baring an unlikely retraction of the SEC complaint with the new Executive Administraion, Ripple is in for a world of hurt. If they lose, their entire business model crumbles and the company disappears, leaving XRP as a useless token...ahem...security. Exchanges, especially ones with big ambitions to one day go public, have been backing away in droves. Ripple customers will be the next to head for the hills. No bank wants the SEC breathing down their necks over a relationship with Ripple and the use of their services. Even institutions outside the USA will likely see significantly reduced usefulness of Ripple's service offerings if they are effectively precluded from using it to integrate with US banks. Chances are high that a year from now XRP bagholders will be trying to pawn off their near worthless tokens directly to others on every Social Media site in existence because there will be almost no where to trade them.
POLONIEX:XRPUSD
by RobBiddle
5
XRPTF: 12 Hr If XRP breaks below $0.21 than I think we may see $0.13 - $0.15 and it may even visit the $0.10 levels. I am keeping an eye on the price action to see if we break the candle wick and hold below $0.21. Might see some good opportunities to buy low. Also keep in mind why XRP dropped so hard, not a pair i'm looking to get in right away because of the whole SEC/XRP news, but if a good setup arrives I may look to buy. Really need to keep an eye on price action and volume in this case. Heres my previous XRP Idea:
by MC_Mike_Trading
2
XRP back in position to 15x BTCXRP is now sitting at under 1100 satoshis, a place it has not found itself in since December of 2017, when BTC was reaching it's ATH. Once again, BTC is establishing a new ATH and XRP is at an ATL against bitcoin. What happened next in 2017 was that in a matter of 4 weeks xrp spiked 15x against btc, from less than 1100 sats to more than 22000 sats. Now I know that the news of Ripple's legal trouble with the SEC has a lot of us rattled, but I see three reasons not to be. First, even after the news broke and the massive selloff transpired, xrp is still sitting in the .30 cent range against the usd, which is a key area of resistance that it took more than a year to break through. Second, the weekly red candle in Dec 2017 that took xrp down to it's atl against btc was bigger than the current red candle that has taken us to where we are now (the selloff in dec 2017 was bigger than the current selloff). And third, the SEC is just wrong; xrp is not a security, and Ripple will prevail. With that being said, I'm still bullish on xrp. Let's see where this goes!
Long
by BouttheBenjamin
7
Bitcoin Dominance - Alts - Existential ThreatAnyone that holds the majority of their cryptocurrency portfolio in Alts ought to be looking at this chart. Not even going to do any analysis, the result is already in. At this point, it could be the bottom for Alts, but it is hard to hold on to almost anything but BTC knowing that your investment performance is being slowly eaten away. This is partly to do with the SEC and XRP and while we might call it FUD, the result is in. Although the majority of my investment is in BTC, I am at a loss now as to what to do with a non-trivial amount of funds in the Alts. At this point I cannot justify adding to what appears to be a losing position, rather planning an exit strategy for many of my Alt-Holdings. The stress of monitoring a dozen other instruments in addition to holdings in the "adult market" as I call it...just leaves me with the desire to set sell prices and wait for more favourable exchange rates should the trend reverse temporarily. I wanted this weekend to be relaxing, but the SEC has, in their infinite wisdom decided to drop this bomb at the worst time possible. Everyone should have been relaxing at this time of year, and now we do not get any peace. Not trying to find a pattern in that, but I can't help noticing the pattern of coincidences. I thank my lucky stars that in 2018 I noticed that BTC outperformed Alts, over the long term with a few, usually temporary outliers. Have a nice weekend, and Merry Christmas, or happy holidays, or enjoy your extra-long weekend.
CRYPTOCAP:BTC.D
by JJMa
1
XRP/USDT - so what happens next? Hello, Traders! The market reacted with the panic sell of XRP amid negative news about the SEC investigation into Ripple. The price momentarily reached $0.211 as a result of the execution of buyers' stop orders. At the moment, the market pressure on the asset is decreasing. We should not count on a v-shaped reversal. It takes a lot of time for consolidation, only after which growth is possible. The nearest levels of correction by Fibonacci are 0.382 ($ 0.3534) and 0.50 ($ 0.3979). In case if the negative flow has only a speculative character, the nearest strong resistance will be the level of $0.44 where the sellers' area of interest is. Watch out for the market and don't forget to place SL's. Merry Christmas to all of you!
by UnknownUnicorn10064030
1
A simple consideration on XRPI was a 4 year XRP holder before selling since SEC sued Ripple, I didn't sell for any reason (I also was unexperienced back then) and I regret it. Before going further I've to say that despite all the hate around this coin I love XRP because it's a good project, it's fast and easy to predict which makes it a good profit source, you just don't have to marry the coin like I wrongly did for so much time. I also have to say I don't care about coin projects, I think very few will be used in the future, the rest are just things on which we invest with the only purpose to make money. CURRENT SITUATION AND RISK: if you're reading this and you didn't sell before it's clearly too late to sell so I'm not gonna say "save what you can and let the ship sinks" because it'll be a bad advice. I think XRP have reached a strong support level on which bounced already, in order to break downward it'll take worse news than "SEC sued ripple" because that one has already exhausted its dumping effect. So, I think that in the short period there are no risk XRP will dump toward the 0.13$ support. FUTURE ACTIONS I don't know how much this lawsuit will take to be over, anyway in my opinion there are two cases scenario here: 1) SEC wins the lawsuit: in this case Ripple is over but this is a good occasion to short sell XRP. In case you'll be into XRP in loss and SEC will win I would sell even at loss in order to avoid a larger loss; 2) in XRP wins I'd suggest you all to jump in ASAP because it'll skyrocket and probably break 3 resistances in no time. Both cases justify whoever decided to sell before the collapse since with the money obtained they can go either way at the end of this story.
KRAKEN:XRPUSD
by Shotokhan
Heads up!So, I won't do this a third time but for the XRP Moon BoyZ out there we could possibly have a fourth Dolphin ; however in my experience Dolphins often don't stay in the air forever! Keep your raincoat near by I think your in the SPLASH ZONE ! LOL Well at the moment glad I went short at .65 IDK really after all this.. What are your thoughts? What is XRP good for??? -No advice just thoughts that I can't shake after the last 5 years in the world of "CRYPTO" ""KEEP CALM AND MANAGE THY RISK!""
COINBASE:XRPUSDShort
by BradySWilliams
5
Ripple SEC ATTACKRipple is holding a strong support at .45c - We have added to our position within this level in the past. Ripple is being sued by the SEC - This happened before too many projects and usually ends in a small fine. There is always a chance this could end much worse and is important to keep this in mind as you are investing in XRP or have XRP holdings. This will be a huge decision for XRP future. This decision can decide the next price action - if we break .45 we will head to lower support levels such as the red support line we have drawn around .33 Cryptocurrencies are a high risk investment and must be treated as such.
BITFINEX:XRPUSD
by GlobalHealthWealth
2
Kin on a beast run once Bitcoin leads the packGuys this is only a speculative look at the possibility of the Kin platform on future Bitcoin peak price of $250,000 by the end of 2022 or the beginning of 2023. This is only my opinion and not to be taken as trading advice. Please manage your own risk and be cautious when investing into these platforms. I am using a pitchfan Fibonacci on this chart. I am also basing my opinion on the Kin fundamentals and how they are building out their platform and taking into consideration the ongoing Sec fight. Personally, I am not concerned with this Sec fight as Kin is a decentralized platform and well equipped to maintain this position free from outside source control. Yes, Kin could see a possible fine or a settlement of some sort or they can actually win this case in court and set a precedent on the Howey test used by the Sec for Security (stock) positions.
KLong
by altcoinb
2
SNAP PredictionSince the election is less than a week away & uncertainty continues to grow due to COVID, I believe SNAP will have no choice but to pullback & fill the gap from earnings last week. Not only is it extremely overvalued, but I don't see it as a good hedge against a possible market correction in the near-term future. The only thing holding it between this 40-42 level, in my opinion, is the overconfidence of investors in the social media sector, however, volume has been steadily decreasing this past week. Another possible reason it's been holding up against a bearish market could be some form of manipulation, but I'm not sure. Heavy open interest with Oct. 30 call & put options is sitting between this key level as well, so that could be a reason for manipulation to eat away at premiums, but of course this is just me speculating. Other than lowered volume, major overextension on the RSI, crossing below VWAP, crossing below EMA20 this morning, & no actual support anywhere near the current valuation, I don't see any technicals pointing toward it becoming bullish. Let me know your thoughts.
NYSE:SNAPShort
by r1chAl
7
Scooped some shares at 18,20 expect a sharp rebound This enquiry is an other pressure the US is using on Chinese companies but it will take ages to get the conclusions so selling at 15% discount after an excellent earnings is a blessing So thank you for this opportunity and watch it come back very soon So funny a short seller spreading rumours and win huge money so easily I mean if you have a sharp fall of 15% in one day and hold put option out the money with a 10% leverage then you double or more your money for nothing just based on rumours and investigation Next BABA will break out for sure unless US hit baba in some ways BUT HOLD TIGHT with these technology gems so much cheaper than in US , their time will come
NASDAQ:IQLong
by PhilippeDelpCFA
Talking about fundamentals - KADENA (KDA) - JP Morgan + coinbasePer title... kadena is still unable to purchase by US investors. This is the best time to buy it for long term!! At least 10X - 1000X. Why? Current MC - 20 million ONLY PRESALES was about 70cents Kadena team is from JP MORGAN, has SEC connections, is in listing list by COINBASE. Kadena is currently finding an exchange for US Traders... coinbase might be a great fit? Nice... What more... Kadena has a partner 30 billion fund.. they are working on hard assets. Kadena is already on AWS + AZURE . Kadena will be on mining till over 100 years later when the last coin are mined, just like bitcoin. Kadena has smart contract capabilities just like Ethereum. Kadena is a hybrid blockchain. Noone has ever built this. See you on the moon.
KLong
by meowoao
I couldn't resist rolling the diceI rolled the dice on a far out-of-the-money July 31 Tesla put this afternoon after Elon Musk tweeted at the SEC to suck his cock. If I'm wrong, it's no big deal to lose $60. If I'm right, maybe I'll make a quick c-note when news of an accounting fraud investigation breaks. Possibly relevant: www.valuewalk.com twitter.com Tesla is also under investigation by the NHTSA for allegedly covering up an issue with their battery cooling system that they knew could set the car on fire. My put might pay off if that investigation were to turn something up, too. On top of all that, Tesla shot up over the last few days on hype around its delivery numbers. So we may be in the "sell the news" part of the stock's cycle as we head into next week. I promised myself I would never short this stock, but what can I say? I'm an inveterate gambler, apparently. XD
NASDAQ:TSLAShort
by ChristopherCarrollSmith
21
GSFI Long Term GainI've been keeping my eye on this stock for little bit now and in my opinion has a huge upside potential for the following reason... This is fairly new sector in the stock market which is one reason for the huge upside potential. They recently filed with the SEC... finance.yahoo.com twitter.com twitter.com Famed Architect Anthony Morali Joins Green Stream Holdings Inc Board of... Solar Stock News: Green Stream Holdings GSFI Executes Agreement To Build And Lease Out Multiple Solar Farms In A Joint Venture With Morali Architects Feel free to share your ideas as well
OTC:GSFILong
by Julian83001
2