Ripple just got delisted from Coinbase and other big exchanges might follow. We are looking the right spot to get involved in this meltdown.
Right now Ripple is trading at around 0.2250 after bottoming at 0.17; this is still to low to sell in my opinion.
Even though Ripple has crashed on news the market structure is still intact and I would wait for at least a 55% rally from the bottom for a retest of the short term structure and Point Of Control.
The 0.27 zone looks like a good spot to look for shorts with an amazing R on a possible sell setup.
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