#XRP Short position—this move came after adding to the position; it’s not just talk. The bulls’ lower low hasn’t been fully probed yet. Open interest built up by a whole tier in a single day, yet the price kept sliding lower all the way down. The dual moving averages are overhead pressing down, and the momentum rating clearly shows exhaustion. The price is scraping along the day’s low. On the spot market, aggressive sell orders push the buy orders down to the ground— the harder the bulls catch the bids, the deeper they get trapped.
