Shorts are most vulnerable to liquidations now. Sharp movement to the upside possible here. $XRP is riding the 0-line. What a ride it's been! $XRPUSD $XRPUSDSHORTS $XRPUSDLONGS
Uhhh, if this isn’t a mistake with the chart… Looks like people bet the wrong way… #wow
The shorts on XRP/USD are at a record all time high right now. When viewing the weekly timeframe we can see that nearly every time we have a massive discrepency like that, we get a big dump of at least 30% in the following week. With up to 50-60% dump in the weeks after. This would be a maximum pain scenario. First they flushed out all the leverage longs leaving...
Even my 4 year old daughter could figure what happens next on this chart. A BIG RED CANDLE enters and destroys everyone short positions. People shorting XRP is at an ATH!!!! CRAZY if you ask me! Yes we had a "healthy" and scary "CORRECTION but we have V bottomed perfectly on the FIB retracement level. Have people have lost faith in XRP and are shorting it to...
how many hours before the liquidation starts?
When shorts collapse price will explode
Title & Graph says it all
Could this guide us to the next XRP bull run in the next few months? ...no trading advice!
Very bearish for the altcoin. And in combo with other short/long quantity graphs on bitfinex of other altcoins and btc, looks very bearish for the sector
Following on from our previous prediction we're of the opinion XRP shorts will continue to collapse due to the market reversal and nothing but positive news all year about XRP
XRP will head north of 50c in the next 2-4 weeks as the highly leveraged shorts at ATH collapse. XRP is heavily oversold.
#Ripple $XRP/USD Shorts looks like they're in for BIG TROUBLE!
Hi all, just taking a quick look at the XRPUSDSHORTS, which seem to be at a decisive point. If XRPUSDSHORTS convincingly fall below the yellow ascending trendline, the next medium term target would be the green box. Correspondingly, XRPUSD may be up for a new rally (3rd Elliot wave). * Note that I am using the Log-scale. --- DISCLAIMER --- This information...