What I was afraid of is happening again. Retailers have started getting trapped in $XRP . Most people are saying that it will keep dumping non-stop 😬
But that’s not the case. Currently if you look, it is holding the support very well and whenever it has come to this zone, it has pumped. So looking at this, you can open a long trade in it.
The Losers List today is filled with a lot of FUD coins coins whose reputation in the market has now been completely ruined. And anyway, whenever any coin reaches this stage, you should avoid it.
But still there are some coins that will give us a huge recovery from here, from which we can make massive profit.
So I am considering these for long and I am fully sure that in this entire list, these are perfect.
This one was coiling tight then exploded higher with massive green conviction. Buyers stepped in heavy after the dip and broke structure clean. Momentum feels fresh and strong if we hold above 0.000355, this move still has plenty of fuel to run.
It just failed again to break the key resistance and selling pressure is coming back strong.
In my view, this downside pressure is likely to continue because there’s massive buyer liquidity sitting right around $78,300 and the market is probably going to hunt it next.
I’d say there’s about 80% chance this support breaks soon.
Reality Of Crypto market. If you are thinking that you invest money in any coin today and tomorrow you wake up and become a millionaire, then sorry bro, crypto market is not for you.
These are live examples of some coins like Siren, $TRADOOR $RAVE , $LAB , Coai how badly they rugpulled and mostly 90% traders lost their money. Only 10% traders must have made profit and those would also be big whales.
So don’t run after quick money in crypto. Avoid over leverage.
This is not the first time. I have caught this exact dump of $NAORIS 4 times already.
You see yourself how it is dumping non-stop. It has already dumped 45% and smart money is still shorting it. Funding rates are also positive, meaning longers are getting trapped. That’s why I am shorting it 💰