YOU ARE A HUMAN? SO YOU GOT A LOT OF PANIC RIGHT NOW
Just my 2 cents about the situation on RIPPLE vs SEC and our big bad bearish boys and girls
Big bears trying to dump the prise further while using the SEC news. The news are still huge, but we have some reasons to dont panic, at least as a longterm holder.
In my chart you can see the yearly open and the wick. its around .19$ and still in play, if we hold this level on a weekly/monthly timeframe all is still good and we could go bullish on the short term.
There are some reasons to dont panic sell right now.
=> SEC news are only for US
=> big exchanges doesnt delist
=> big exchanges do halt trading for US citiziens, not delist XRP from their platform. Huge difference.
=> from a technical it does looking bad, on the other hand compare the chart with the 4K bitcoin dump. Could be the same outcome. > huge dump and pump.
=> BTC is on his all time high - Altsaison starts right after BTC is starting to retest support or making a correction.
=> On a chart perspective XRP looks really sh*t, but YO still in play, so let's see how we close our weekly and monthly candles.
=> Big buyers step in when blood is in the streets - so what do you guess what's happening right now?
Stay calm and wait if u are an holder, otherwise try to day-trading. In this region you have huge %gains as a daytrader. Still risky. Because ripple moves fast in any directions.
Stay safe and dont get rekt
Big bears trying to dump the prise further while using the SEC news. The news are still huge, but we have some reasons to dont panic, at least as a longterm holder.
In my chart you can see the yearly open and the wick. its around .19$ and still in play, if we hold this level on a weekly/monthly timeframe all is still good and we could go bullish on the short term.
There are some reasons to dont panic sell right now.
=> SEC news are only for US
=> big exchanges doesnt delist
=> big exchanges do halt trading for US citiziens, not delist XRP from their platform. Huge difference.
=> from a technical it does looking bad, on the other hand compare the chart with the 4K bitcoin dump. Could be the same outcome. > huge dump and pump.
=> BTC is on his all time high - Altsaison starts right after BTC is starting to retest support or making a correction.
=> On a chart perspective XRP looks really sh*t, but YO still in play, so let's see how we close our weekly and monthly candles.
=> Big buyers step in when blood is in the streets - so what do you guess what's happening right now?
Stay calm and wait if u are an holder, otherwise try to day-trading. In this region you have huge %gains as a daytrader. Still risky. Because ripple moves fast in any directions.
Stay safe and dont get rekt
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