The hard data is in: the network-wide account long/short ratio for $XRP is 2.71, and the 24h price change is -1.42%.
Prices are falling, yet longs still outnumber shorts. Many traders are buying the dip or holding onto losing long positions, so beware of long stop-losses triggering another downward move.
Sentiment can amplify volatility, but it can't determine the trend. Follow me so you don't miss any unusual moves.
#XRP
For market tracking purposes only. Please make your own trading decisions.
Prices are falling, yet longs still outnumber shorts. Many traders are buying the dip or holding onto losing long positions, so beware of long stop-losses triggering another downward move.
Sentiment can amplify volatility, but it can't determine the trend. Follow me so you don't miss any unusual moves.
#XRP
For market tracking purposes only. Please make your own trading decisions.