XRP: Dead cat bounce and good short term trading
Nice trading from oversold 1 hour back to short territory again. This won't be pretty for the next few months for holders but on the trade, it pays to be awake at the right time! Neutral as this unfolds. Quick buy and sell on this flaming dumpster of a digital coin. Make sure you don't get stuck with this pig. Ripple's printing machine is under the spot light from US regulators and they now blame the regulators?
Good luck with that Brad. Fundamentals are trash at this point until proven otherwise. The earliest will be at the pretrial conference Feb 2021. That's next year! LOL
The charts are bearish trending with lots of nice dead cat bounce. Good trades to play the overbought and oversold on the short time scales. Scary coin to be bagholding.
XRP has lost its #3 position as digital currency. The world is looking for a good transactional Bitcoin alternative but Lightning on top of Bitcoin might just be it? XRP lost all credibility as a viable contender, at least on the world stage.
Good luck with that Brad. Fundamentals are trash at this point until proven otherwise. The earliest will be at the pretrial conference Feb 2021. That's next year! LOL
The charts are bearish trending with lots of nice dead cat bounce. Good trades to play the overbought and oversold on the short time scales. Scary coin to be bagholding.
XRP has lost its #3 position as digital currency. The world is looking for a good transactional Bitcoin alternative but Lightning on top of Bitcoin might just be it? XRP lost all credibility as a viable contender, at least on the world stage.
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