M0S

What happened to XRP?

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BITFINEX:XRPUSD   リップル/米ドル
I have to admit, i never look at the Ripple charts. But hey, yesterday I saw everyone turning bullish on this centralized asset so dont mind me checking this out.

What happened this morning (morning for me) to XRP? Flashcrash? Why is nobody talking about that.. XRP dumped from 0.82 to 0.5 or is tradingview messing things up here??

Anyway yesterday I followed some experts advice and bought some XRP. Man oh man, why do I sometimes listen to these people..? I got stopped out within the hour. F that. But thats what stoplosses are for so it's not that big of a deal anyhow.

Back to work.

On the daily charts we see that XRP is far from bottomed out yet but the 4/6/12 hr are turning bullish already. So what to do?

Let's give it a go with stoploss ofcourse. And please dont listen to me. This is a high risk trade cause there's no clear direction for me.

I will enter around 0.8 with first target 1.24-1.31. Next target 1.50.

This flashcrash, if it really happened, is messing the chart up. Therefor be extra careful when entering this trade.

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