$XRP and there are 11 days left until the key smart execution feature goes live. It’s claimed to be able to absorb the trillion-level institutional order flow—yet the current quote is 1.5 and down 1.15%. The old “pump first to dump later” scheme has become common knowledge, but people still believe it?
If it really can handle trillion-level orders, could it really leak the news half a month early for you? This kind of high-profit “favorable news” used to wave people onto the ride—ten times out of nine it’s the main players using the news to rotate positions. If you chase in now, when the good news lands on the go-live day, you’re just a pure bag holder.
If you really want to play it, wait for a pullback and enter only after it holds support, and scale in in batches. Hold spot and don’t get shaken out by wick spikes. Don’t run high leverage on futures. Chasing here is just handing liquidity to the main players.
For bullish: deduct 1 if you’re looking to break the previous high. Deduct 2 if you think it’s a bull trap used for distribution.
#Write2Earn #BinanceSquare #XRP Ripple #TradingTournament
If it really can handle trillion-level orders, could it really leak the news half a month early for you? This kind of high-profit “favorable news” used to wave people onto the ride—ten times out of nine it’s the main players using the news to rotate positions. If you chase in now, when the good news lands on the go-live day, you’re just a pure bag holder.
If you really want to play it, wait for a pullback and enter only after it holds support, and scale in in batches. Hold spot and don’t get shaken out by wick spikes. Don’t run high leverage on futures. Chasing here is just handing liquidity to the main players.
For bullish: deduct 1 if you’re looking to break the previous high. Deduct 2 if you think it’s a bull trap used for distribution.
#Write2Earn #BinanceSquare #XRP Ripple #TradingTournament
