XRP fall, I laughed.

robot
Abstract generation in progress

Today, XRP failed to maintain the small rise of the past few days, plunging from $2.81 straight to $2.77, a fall of 1.57%. Behind it, a big whale is causing trouble, with 7.1 million XRP sold off, creating quite a liquidity shock. This has awakened a lingering sense of panic in the market, and the high-profile @MoonLamboio is adding fuel to the fire, leading the charge with "XRP CRASH, NOW @ $2.82!!!" As soon as this was said, the suckers were played for suckers even harder.

Interestingly, those technical analysts had long been focused on the support level of $2.84, as if waiting for a prophecy to come true. Sure enough, the price indeed hit this point, and the technical analysts could only smile faintly, having to acknowledge that the market was quite "appreciative" of their "predictions." Even with the favorable news of Ripple applying for a banking license, it couldn't withstand this momentum of playing people for suckers.

It may seem like there's nothing new, but that's the market for you; there are always a few unexpected twists to keep us financial "adventurers" from getting too bored. Stay alert, and let the bullets fly for a while!

XRP-0.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
UncommonNPCvip
· 08-05 19:27
Whales are playing people for suckers, a lot more.
View OriginalReply0
ForumLurkervip
· 08-05 19:27
Hehe, Be Played for Suckers daily
View OriginalReply0
SpeakWithHatOnvip
· 08-02 20:01
BTC is starting to play people for suckers, I said it early.
View OriginalReply0
faded_wojak.ethvip
· 08-02 19:59
All in is my necessary path.
View OriginalReply0
LiquidationSurvivorvip
· 08-02 19:49
Suckers, play people for suckers.
View OriginalReply0
GasFeeCryingvip
· 08-02 19:36
Suckers are always repeating the same mistakes.
View OriginalReply0
GasFeeBarbecuevip
· 08-02 19:35
Just played people for suckers again, how tiring!
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)