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XRP market manipulation


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As somebody already pointed out on utube (Bob on Cryptocurrency News Channel) the whole argument falls apart when you consider that the descending wedge exists because BTC is going, up, trying to come up off a low bottom.

It's not because XRP is falling against dollars. No wedge there. TA has to be understood in context. His BS article is all smoke and mirrors.

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A BS item without evidence to support the title. This phrase is the only one that seems to support the title of the article: "Therefore, considering the above factors, the prolonging stability of XRP around the $ 0.3 range is indicative of market manipulation."  Really?

  Bitcoin has been oscillating for months at a fairly limited price when it was at 6,000 usd. Does that mean that it BTC price was manipulated? The fact that a currency does not have a price action and oscillates in a narrow range does not mean it is manipulated. Between May and December 2017, XRP / USD fluctuated between 0.15-0.30 USD. Subsequently, the bull was running, and the XRP / USD price reached 3.5 usd. If you look at a historical chart, you will notice that XRP has always had this pattern: long periods in which the price oscillates quite a bit, followed by a very strong spike.
 
 

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