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Charting the course of XRP


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1 hour ago, retep said:

this is the best TA analist on the planet who makes new video's  every day.

 


That vid makes the claim, and purports to prove it, that for the same amount of investment, if the price rises, you make LESS profit with increased leverage.

 

That CANNOT be correct can it?    I admit I’m a newb at leverage.

 

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Someone mentioned that if BTC were to cross 56K, 60K is next. If that ends up happening, I think XRP and ETH will be closing the 1M gap below, against BTC. 

Note: That doesn't necessarily mean that XRP and ETH will go up by 24% and 20% respectively. BTC could also come down a bit.

^XRPUSD_Barchart_Interactive_Chart_10_13_2021.png

Edited by Ripley
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32 minutes ago, BillyOckham said:


That vid makes the claim, and purports to prove it, that for the same amount of investment, if the price rises, you make LESS profit with increased leverage.

 

That CANNOT be correct can it?    I admit I’m a newb at leverage.

 

I didn't watch the video before i posted it, and it turns out to be a unusal one because all his other video's are about the daily chart of btc. So like the video from yesterday.

 

Edited by retep
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20 minutes ago, JASCoder said:

There was more trading volume today at Bitrue for SGB_XRP and SGB_USTD (with upwards valuation of SGB) - maybe some people looking to add to their stake before the Thursday window ?

Guess we’ll know on Saturday once the reward epoch starts. 

Bitrue support for ExFi could also be a factor. 

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42 minutes ago, banistersmind said:

W-what happens on the 18th?

"At the moment, at least 13 high-profile companies have applied to the SEC to launch a Bitcoin ETF and are currently awaiting an answer. And ETF experts say it is likely one will, at last, get approved on October 18. The ProShares Bitcoin Strategy ETF is the one currently slated for an October 18 deadline. "

Source. some random crypto news site that probably didn't fact check anything. Warning - neither did I.

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