XRP Bullish Dumping
2024-10-06

Reason for neutral: I believe price will dip again to present bearish, then it will bounce. It shouldn't break down under June low again if it were to bounce.

XRPBTC and its USDT pairing reaction
  

View of the range that developed after Coinbase delist & relist
  

Price target ideas based on ranging and mean reversion
  



Sources, used the earliest I could find for the accurate prices at public news drops:

  Ripple Sales of XRP Do Not Constitute Offer of Investment Contracts:  Judge 
x.com

 Today, the SEC voted to attack crypto. Chairman Jay Clayton - in his final act - is picking winners and trying to limit US innovation in the crypto industry to BTC and ETH. (1/3) 
x.com


 Coinbase will suspend trading in XRP on January 19 
 Updated July 13th at 5:35pm ET -  Coinbase has relisted XRP: twitter.com

In light of the SEC’s recent action against Ripple Labs, Inc., Coinbase plans to suspend trading in XRP on Tuesday, January 19, 2021 at 10 AM PST. 
www.coinbase.com

See my related idea for a chuckle