XRP has been trying to stay above the $1.6 support line for some days nw, RSI still in the neutral territory on the 30mins chart,if the market price breaks the EMA50 on the 30mins chart successfully the market price might attempt to hit the support level again around $1.6 to $1.8 before reversal,will go short from $1.6 to $1.7 and set take profit at $2.2.
https://news.bitcoin.com/japans-dmm-bitcoin-exchange-opens-for-business-cryptocurrencies/
XRP in Singapore and partnership with MoneyGram is big news.
Japs will take it undervalued and speculate like crazy.
A good short was at 2.2
Someone called it and I was amazed at the accuracy. I called further upside.
Right now the price is in stabilization, gains are small.
For me this is not the time to enter. You'll get stuck in the middle of range either way.
Also, if You short when it's already goin down, where is Your security?
Then You go long for short term. Not short.
Short =/= Short term.