XRP Bullish Dumping

6. Okt.

Reason for neutral: I believe price will dip again to present bearish, then it will bounce. It shouldn't break down under June low again if it were to bounce.

XRPBTC and its USDT pairing reaction


View of the range that developed after Coinbase delist & relist


Price target ideas based on ranging and mean reversion




Sources, used the earliest I could find for the accurate prices at public news drops:

[DB] Ripple Sales of XRP Do Not Constitute Offer of Investment Contracts: Judge

x.com/tier10k/status/1679512873498816519

Today, the SEC voted to attack crypto. Chairman Jay Clayton - in his final act - is picking winners and trying to limit US innovation in the crypto industry to BTC and ETH. (1/3)

x.com/bgarlinghouse/status/1341193536780214273

Coinbase will suspend trading in XRP on January 19

Updated July 13th at 5:35pm ET - Coinbase has relisted XRP: twitter.com/CoinbaseAssets/status/1679603758165024774?s=20

In light of the SEC’s recent action against Ripple Labs, Inc., Coinbase plans to suspend trading in XRP on Tuesday, January 19, 2021 at 10 AM PST.

coinbase.com/blog/coinbase-will-suspend-trading-in-xrp-on-january-19

See my related idea for a chuckle

9. Okt.

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Holding stronger vs other alts against BTC