XRP tested three year resistance as support earlier. The 0.8$ mark. Actually quite happy we touched off that as it was it was either full blown break out above 1.75$ or there was always a chance of dipping back down once more. I think we will see up side from here but no one really knows what exactly will happen.
Crucial time for XRP here. Need to finish above 0.8$. This market is bleeding so hard
So XRP has record breaking amount of shorts at the moment. Having this makes it a lot harder to move up. If Bitcoin can just carry us to the point where these shorts get liquidated, we will go on a run as they as start to pop. A way I would describe it is like climbing a mountain with 20kg on your back or climbing it with nothing on your back. Can be done with 20kg but a lot harder. Once they are gone we will react better to bitcoin moves π
Market started to recover pretty well until during night that retard Elon Musk decided to tweet again. I have no idea how he isnβt getting sued for this.
If anyone has spare money I would recommend buying DOT LUNA and MATIC to hold for next few days. When market goes green they will bounce well. Always chance they could go slightly lower but I think we will see some green soon