In the moment of SEC & Ripple meeting it seems chart shows an head and shoulders pattern and some of big holders of XRP selling their huge amount of XRP every days. is this means in this moment we will have a downward after meeting? AS we know baddest news couldn't take XRP to ziro and know this meeting couldn't be so bad but however chart will do it's own tasks...
Does following meeting of SEC and Ripple make an insane reaction of market?
I'm waiting for a good decision place to open a long position.
This can be a very good opportunity to buy or sell xrp even with leverage. there is no difference what will be the sec Judgments result, XRP will not go to zero but surely in that moment we can have an huge movement to up or down.
go down to touch the supports, to be ready for a good upward maybe
I think chart shows that XRP couldn't hold the high price any more and for now may it could go upto 0.51 and after that it will fell down to at least 0.27
In my opinion XRP touched the bottom and starting refuel to jump up.
If XRP goes to 0.33 can come back to 0.7 like this.
I don't think it goes further then 0.33 so if it reach there it can be a good place to open a long position.
Normally here is a good place to buy but I think market a little wait to see a better place to buy or a bullish movement to jump in. However I think everyone takes profit today because of XRP and wait to see what will happen in next. After a day all things will be more clearer about it.
Based on my previous posts and following triangle edges shows it can be a correct prediction.
This is my following short and long, I hope it works as I thought.
If XRP want to completing a cycle to prepare for another bull run then we can have a good opportunity to buy. I think it can go down to 0.45 before it start go up to 0.7 again. Let see what will happen.
May after break up of this big triangle, XRP made a massive bullish move.
there should be these two ways on our front. normally it should come back down but if it follow a bullish then at least I think it will go up to 0.75. I want to short some on 0.58 (may %25 of my coins) and have my remain coins for a bullish movement.
As you see It goes down out of the triangle so it next going up can be out of triangle too and if this starts a bull run then we can have this.