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XRP / Bitcoin

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XRP - Important to reclaim this levelXRP has lost all of its supports compared to BTC. There is absolutely no support below the current value of 1546 sats. If BTC can reclaim the support of 1546 sats, we can start seeing a move towards 1912 and 2277 as per the weekly charts. These 2 were the previous 2 important support levels and need to be reclaimed for the recovery of XRP compared to BTC. If XRP fails to reclaim the support of 1546 sats, the downside could be catastrophic for XRP.
Short
by cryptomathemagician
1
XRP back in position to 15x BTCXRP is now sitting at under 1100 satoshis, a place it has not found itself in since December of 2017, when BTC was reaching it's ATH. Once again, BTC is establishing a new ATH and XRP is at an ATL against bitcoin. What happened next in 2017 was that in a matter of 4 weeks xrp spiked 15x against btc, from less than 1100 sats to more than 22000 sats. Now I know that the news of Ripple's legal trouble with the SEC has a lot of us rattled, but I see three reasons not to be. First, even after the news broke and the massive selloff transpired, xrp is still sitting in the .30 cent range against the usd, which is a key area of resistance that it took more than a year to break through. Second, the weekly red candle in Dec 2017 that took xrp down to it's atl against btc was bigger than the current red candle that has taken us to where we are now (the selloff in dec 2017 was bigger than the current selloff). And third, the SEC is just wrong; xrp is not a security, and Ripple will prevail. With that being said, I'm still bullish on xrp. Let's see where this goes!
Long
by BouttheBenjamin
7
XRPBTC 4HR ://Go H0m3 XRP, no one want to play wit ya...Fuckn xrp and this what is n isn't a security thang freakn out every ALT POSITON in CRYPTO. MAN XRP go home no one wants to play with you anymore. and take XLM with you, stellar smells funny and has a lazy eye. No one carez ur rich, ur messn up the party... The Alt market was already being sucked down by BTC n ETH as retail_fiat held and even propelled these alts. The XRP what is a security especially doesn't play well for the crypto market as people look to exit positions especially anyone concerned over USA regulations_views regarding crypto policy. BUT THIS IS THE TRUMP position. WE will see... OVER all as BTC dominates in sheer NEW market cap this last month plus. almost doubling in one month from the 1750 t0 2100 level supporting this new unexplored territory, establishing 150billion plus in support from 1850 n up... As we have reduced ALT positions in percent of portfolio and number of alts, sticking to our long term HODLs, BTC, n COST average rebuy of ETH in this 580 to 530 range. BTC ETH CEL_ Just get in. IT dont matter where just buy m forget up to 3.50 _look for 4.00 plus by 2022 CHSB_If in USA need a VPN app but this swiss crypto entry point is huge for mass adoption_non US etc FOR US look at VOYAGER_VGX n maybe CRO (.04s best) if they ever get their shit together. ADA_This ETHEREUM hedge_BUY the dip dedicate to a staking pool and forget about it. ALGO_ another ETH hedge_ buy the dip .32 to .29 n under but i doubt she will be there much longer. A LOT of consolidation at this level get in why u can. SHOOT it to the ALGORAND wallEt and you earn ALGos that simple. The partnerships_ people using their blockchain is crazy from governments to big cloud based business etc n most IMPORTANTLY SMART CONTRACT scalable... Look to the next DeFi CeFi craze... great time to take a position _BUY DIPS_TAKE PROFITS YFI SUSHI AAVE ENJ MANA_NFTs are getting hit especially bad as this XRP what is a security, at least as far as the US is concerned but with trump on the way out we believe this is mostly hype... at least the wallet deal maybe not so much the XRP drama and "what is a security" is a major concern. Biden will hopefully back this off but being, at least technically a different entity arm whatever they will set policy and expect everyone to get in line. HANG ON CRYPTO ALTS BUY DIPS DONT get spread to thin. IF 1k only 2 or 3 things like ETH BTC n one or two long like CEL ADA or ALGO. if 5k 5 to 6 at most. These positions are got over time, and most importantly never EV3R b3 skEEERD to take profits... HAPPY HOLIDAYS_BUY THE DIP_HGM
Short
by HustleGrindMomentum