Luke Russell @lukerussell93: "Looks like $XRP support did..."

United Kingdom

Looks like $XRP support did hold at $2.71 but I see a retest coming - and I think it fails. I feel as though there is more going on in favour of volatility right now. I don't see enough of a reason to start pumping. $BTC has dropped below $110,000. A drop below $100,000 is looking more possible but not yet bound in blood. Unfortunately - it seems the big fish aren't buying at these prices set by retail. $MSTR (Strategy Inc) will likely see some upset on Monday should crypto not get some good news over the weekend. Essentially it's a leveraged position of BTC so when BTC drops, MSTR drops faster. Overall, I think this volatility we're witnessing isn't bad, but im waiting to see if a failed retest offers a better entry. ___________________________________ Admittedly I did sell just before the volatility based on the lack of movement from the rate cut. I am watching for an opportunity to jump back in, I nearly jumped back in at XRPs successful support but I felt as though it was too much of a weak bounce off, I am expecting the $2.71 support to fail over the weekend. This is not financial advice, this post only serves as an update of what I'm doing and thinking. I still have less than 1 year trading experience. $ETH $ADA $HBAR

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XRP

BTC

MSTR

ETH

ADA

HBAR

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