snatly

XRP tide pulling out after tsunami of dumping

Short
snatly Updated   
Look that chart, I seriously cannot imagine holding it for two years + and believing the hype. All the while Ripple employees dumping into the market, inhaling cocaine off of ladyboys on their private yachts in between lighting bonfires of dollars to cook vats of caviar. While baggies eat ramen and watch hentai on their phones with cracked screen, the occasional tear tracking down their cheeks.

XRP is one of my favourite charts, look at that pump! Good times my bros. I didn't do the math but I knew it was getting real fruity above a dollar.

Looking at how the ascending triangle played out probably one of the most epic pumps of the cryptomania, I have to wonder how this descending one will play out having already broken the support...and having formed after so long... There really isn't much below. The grand chasm of bagholder misery.

I'm bearish on the whole space, but as we've seen we can see monster pumps, but strangely XRP has not been the recipient, cannot muster a single higher-high. Instead we grind down with the MM no doubt trying to prop up the market while they unload worthless tokens to buy real world hedonistic pleasures. Oh yeah and ripple are buying a lot of businesses with the cash I'm sure ;)

I'd throw some money at it at 13-15c, for a bounce but not before.
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Dreaming of a red Christmas
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You know, I don't even like being right on this one. I hope cryptopocalypto teaches some people valuable lessons.
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Very thin support on the way down. I would not be placing big trades here. Low liquidity due to holidays, scared hodlers dumping, Ripple blasting through the last of the liquidity for one last hoorah - pick your poison frens.
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The sound of a million baggies gripping proverbial bags is accurately portrayed in the xrp chart and throughout crypto. RIP baggies
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Are you not entertained?
Doubt we go much lower for the day.

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