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Charting the course of XRP


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7 hours ago, Mummabearinvestor said:

How do you know this? Lol i highly doubt this and im only new. I think it wwill either go up or drop super low. 

Magic triangles.

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7 minutes ago, jennifer89 said:

XRP Price Struggles to Find Support at $1 While Still Trying to Bounce Back! 

https://coinpedia.org/ripple/xrp-price-struggles-to-find-support/

I wouldn’t call it a struggle. It made a higher low and a higher high. It’s starting to show signs of life again. Overall this bot seems to be bullish, so I’ll allow it! :P 

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28 minutes ago, Neurotoxin said:

I wouldn’t call it a struggle. It made a higher low and a higher high. It’s starting to show signs of life again. Overall this bot seems to be bullish, so I’ll allow it!

Indeed seems more a resistance problem now rather than finding support. There's a perfect reverse H&S on the hourly chart and a W shape on the 4hrs chart. Perhaps the worst is over?

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5 hours ago, BluKoo said:

You obviously didn't see what I saw. Xrp had a mini pump and BTC sat still. 

A little like what's happening right now. 

An independent move. 

I'm not so convinced. BTC was definitely a catalyst. I wouldn't call it independent but highly correlated. 

 

I'll take green candles wherever they happen ;)

Edited by NMNR
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1 hour ago, NMNR said:

I'm not so convinced. BTC was definitely a catalyst. I wouldn't call it independent but highly correlated. 

 

I'll take green candles wherever they happen ;)

 

6 hours ago, BluKoo said:

You obviously didn't see what I saw. Xrp had a mini pump and BTC sat still. 

A little like what's happening right now. 

An independent move. 

I would say that XRP defended 0.9 while BTC was dropping (XRPBTC pump) and pushed higher when BTC srarted pump (continued XRPBTC growth, instead of dump)

So we got my very beloved scenario at 5AM, XRPBTC and BTCUSD tandem growth.

 

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4 minutes ago, artiom1988 said:

Shorts gone

 

xrpshort.thumb.png.b5146fa6a4865da1e0f7dce366b000f2.png

I do not get how this graph works, but it awkward.

It was growing shorts from 20th (@1.23) to May 22nd (@0.89) than it was slowly draining down until todays 1.

 

Also longs as low as Nov 2017. And Shorts as low as end of March 2021 or Dec 2020 😳🙄🤣🤣🤣

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1 minute ago, xrp-nuke said:

I do not get how this graph works, but it awkward.

It was growing shorts from 20th (@1.23) to May 22nd (@0.89) than it was slowly draining down until todays 1.

 

Also longs as low as Nov 2017. And Shorts as low as end of March 2021 or Dec 2020 😳🙄🤣🤣🤣

Price didn't move much.. was hoping price to move much higher with liquidation of the shorts...

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8 minutes ago, TeeKay said:

Price didn't move much.. was hoping price to move much higher with liquidation of the shorts...

Maybe Im wrong but as I understand closing a short position only pushes the prices up if you losing money , most of the shorts happend betwen 1,23$-1$

Edited by artiom1988
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