
Ramforinkas
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About Ramforinkas

- Currently Viewing Topic: MGI, ODL, Bitso and a theory about the price
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Jed resumed trading
Ramforinkas replied to Caracappa's topic in XRP Trading And Price Speculation's Topics
Very interesting. He's selling unregistered securities sent directly from Ripple? Perhaps there is some news we don't know about yet? -
Charting the course of XRP
Ramforinkas replied to a topic in XRP Trading And Price Speculation's Topics
Back testing .305, looking good.. for now. -
Xrp to $10/ but where to trade?
Ramforinkas replied to Milly238's topic in XRP Trading And Price Speculation's Topics
Uphold will continue to support XRP for the time being. Also believe Kraken still is. And there's always DEXs. -
Charting the course of XRP
Ramforinkas replied to a topic in XRP Trading And Price Speculation's Topics
Breakout from above .22, followed by a back test and a bounce. Hard to not see us now moving up for a bit short term. Daily close in ~5 hours, hoping to see us remain above .22 on the daily. More news could always derail this. Not trading/financial advice. -
Bitstamp shutting down (XRP) for US customers
Ramforinkas replied to kanaas's topic in General Discussion
You could in theory send it to a decentralized exchange, swap it for another DA, then sell that DA. https://defiprime.com/exchanges -
Bitstamp shutting down (XRP) for US customers
Ramforinkas replied to kanaas's topic in General Discussion
Couldn't you always just swap it for something else, then sell the swapped DA? -
Bitstamp shutting down (XRP) for US customers
Ramforinkas replied to kanaas's topic in General Discussion
What risk exactly? SEC literally said exchanges wouldn't be required to delist for at least 5 years. https://www.sec.gov/news/press-release/2020-340 -
Bitstamp shutting down (XRP) for US customers
Ramforinkas replied to kanaas's topic in General Discussion
It's a non-US based exchange, and I'm not sure how much volume/business they have in the US compared to the rest of the world. In addition, it's just halting, and just for US customers. I'm still a bit confused though as to why they jumped the gun so early. -
Bitstamp shutting down (XRP) for US customers
Ramforinkas replied to kanaas's topic in General Discussion
I'm also having a hard time understanding why, SEC even listed guidance for DA securities stating exchanges wouldn't be required to delist. Guess we'll have to see how this unfolds. -
Charting the course of XRP
Ramforinkas replied to a topic in XRP Trading And Price Speculation's Topics
Coinbase saw .39. Nice to see we bounced off of .305 - .33 support now. Lets hold that level and consolidate here for a bit before making another stab at .38. -
Charting the course of XRP
Ramforinkas replied to a topic in XRP Trading And Price Speculation's Topics
I don't think this is a bull trap. The volume is massive, only second to the buy volume which created that bullish engulfing candle we saw at .22. Being rejected at .38 is not unexpected. That was previous support, and .38 fib retracement. I would not be surprised to see a back test with .305. Need to confirm we have that monthly support still. If .38 falls, a quick surge to .44 would be in the cards next. (not investment advice) -
Charting the course of XRP
Ramforinkas replied to a topic in XRP Trading And Price Speculation's Topics
Disagree with this. .38 is, if we break .38, .44 is in the cards and could come quick. -
Charting the course of XRP
Ramforinkas replied to a topic in XRP Trading And Price Speculation's Topics
Beautiful volume and a nice breakout above .305. Bulls in control (for the time being) -
Charting the course of XRP
Ramforinkas replied to a topic in XRP Trading And Price Speculation's Topics
It's hard to justify the drop we saw from just the SEC news (US only). That drop was mostly panic/frustration based with bots/traders jumping in. I mean, we fell a crazy percentage (60-70 percent?) within hours, but welcome to crypto. Lets see if we can hold .305 now, that would be very optimistic. That alone could fuel us back into the .4's. -
Charting the course of XRP
Ramforinkas replied to a topic in XRP Trading And Price Speculation's Topics
It claims XRP is a digital asset security - that is different. The SEC also released guidance stating custody exchanges do not need to delist DA securities if they already list the DA security.