XRP has more to prove.

2019年9月19日

Although Ripple made a sharp and powerful rally it's probably too early to go full bulltard yet. I mean, the has been in a steady downtrend since June and a 20 % positive move shouldn't be a distraction to this fact. What is more concerning are the bunch of false breakouts that have occurred during the low volatility period. In some cases, this means that the market is heavily manipulated, however, as we know: "scams pump the hardest". Be careful and don't be excessively greedy while trading. I will PERSONALLY open a long position only in the case where the price action is steady above the pivot levels because that would mean that this is not just an ordinary support-resistant flip and in this scenario, the consequences will be abysmal. But let's not forget that this is XRP and it can literally melt faces while pumping. XRPUSD