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Xrpbearish

XRP- 0.4 is still my targetOn my 21st of August XRP analysis, I said that after the drop-back under old resistance, which should have provided support, the coin is not looking good at all and the more likely scenario is a down continuation to 0.4 next support. The coin, as expected, tested the old resistance from 0.55 and dropped again. Now, we are in a small correction from the recent drop, and if/when we dive under the flag's support, a continuation to 0.4 is the most probable scenario. In conclusion, sell rallies remain my preferred strategy and as long as the price is under 0.55 I will stay bearish. My 21st August analysis:
BITSTAMP:XRPUSDShort
by Mihai_Iacob
8
Crazy lil thing called #XRP- Bears emergingThis Ripple token, named XRP is a crazy little thing, developed by some pretty interesting people, networking with little ties to actual Ripple, but certainly has utility from some of the biggest world money transmitters. Hard to write this off as a scam at this point. -Get in or GTFO, leave the real earnings to those who trust in faith and vision of what they see. Course you gonna have those traders, who constantly manipulate for their own gains..... Be prepared for the hater bears. Then its tesla time folks, when we really get to see what is possible in this world, they wont be able to hold this back once it starts, and mainstreet catches on. BNM "The truth shall set you free"
COINBASE:XRPUSDShort
by BlockNewsMedia
XRP/USD Bearish Hello Friends As you can see on this chart, XRP isn't going anywhere but further down. According to this pattern and similar patterns you can find here looking backwards, this is a bearish triangle. Yet it could prove us wrong. If it does turn around we would need to see XRP make a move towards the Ichimoku Cloud. That would be a risky early buy but nothing ventured nothing gained. If I was to buy in, I would have look backwards on the 1 hr time frame and see where the bottom was. This is where I would put my stop loss but just a little lower than that bottom. Then if it does fly by chance, I would trail my stop loss. Details on the Chart. Disclaimer This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you! CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype. Cheers!
POLONIEX:XRPUSD
by keifer
2