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Charting the course of XRP


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22 minutes ago, Mummabearinvestor said:

Wow whats happening 

Btc lost a big support and dragged everything with it. 52k seems to be holding for now but it’s looking bearish for btc.

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3 hours ago, Seoulite said:

Btc needs to stop somewhere around here or it could legitimately be the end of the bull run. XRP support is all the way down to 1.35. Below that and we are looking at 1.10

BTC held at 52k but it’s looking bearish. Not a lot of good reasons for us to be back here. I wouldn’t be expecting 64 again soon, if we do get there I don’t think it will hold. 
XRP found support around 1.10 as expected. Next we should see a move back to the 1.40-1.50 area in the next day or so, although a more aggressive bounce would be nice. 
As others have said, this kind of shake out is healthy, a lot of profits taken, a lot of new long positions who won’t be so eager to take profit straight away.


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