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.
Komen:
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.
Current "breakout" has no momentum yet.
Could be just a start of a simple sideway for now.
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