I don't understand : people are why so bullish on XRP.
Ripple is still the most overvalued shitcoin in the universe - regardless of how much the exchange rate is
Only good for speculations, very massive dump since months, this little upward correction inside a descending triangle was healthy, but not a bullflag anyway.
I think only speculation and hopium is there and the XRP whales are dumping (or anytime could printing) more and more coins into the FOMO people's bags.
I hope your money in safe there, because I see almost 50% correction there on the charts.
Inside this triangle even divergence means nothing for me.
After a successfull and strong breakout maybe good for onetime pump trade, but that time is not here.
Ripple is still the most overvalued shitcoin in the universe - regardless of how much the exchange rate is
Only good for speculations, very massive dump since months, this little upward correction inside a descending triangle was healthy, but not a bullflag anyway.
I think only speculation and hopium is there and the XRP whales are dumping (or anytime could printing) more and more coins into the FOMO people's bags.
I hope your money in safe there, because I see almost 50% correction there on the charts.
Inside this triangle even divergence means nothing for me.
After a successfull and strong breakout maybe good for onetime pump trade, but that time is not here.
Note
Oh...
Note
Closing ABOVE 200MA & this resistance would be bullish.Current "breakout" has no momentum yet.
Could be just a start of a simple sideway for now.
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✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
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Boost up your charts with Options PRO!
REAL Options metrics for over 165+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
REAL Options metrics for over 165+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ IVRank ✔ CALL/PUT skew ✔ Volatility Skew ✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
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.