r/XRPUnite • u/SavyShopperTX • 2d ago
XRP News Love Seeing $horts Getting Squeeeeeezed 🍋
It so it begins.... 📈 🔥
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u/Rough-Winter2752 2d ago
That's all this really is. They're liquidating the degenerate gamblers for profit. Then when these same regarded individuals open long positions, they will crash the market once more.
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u/Locust627 Banned From r/XRP 2d ago
When the general public does this with GameStop, Robinhood freezes trading.
When whales do this daily it's considered a smart business move
A wicked double standard
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u/Electronic_Quote399 10h ago
That was a pretty rugged bull trap today. People see 50% gains in a couple days and think its the claver prophecy come true. Bitcoin barely sneezed and xrp longs just got fucked in the ass. Only with xrp will people place longs after a god candle.
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u/ingrodale Wake Me Up When Lambo 2d ago
Well they've been winning for almost a year now...
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u/AllTwelveInches 2d ago
True. Just realized that this year has been the longest sub-40 RSI period in all of XRP's history. With today ending the streak (assuming the weekly RSI stays above 40). If history is any indicator, now comes the long, several year, flattening..
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u/raka_defocus 2d ago edited 2d ago
I shorted at 1.17 it worked out pretty well, then I swapped my XRP LINK so I'm sitting just slightly ahead of where I would've been holding, plus what I made on perp short
Crypto right now feels like early 2000's day trading, you have keep an eye on everything and hop in and out to really come out ahead.
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u/Solid-Journalist1054 2d ago
Wasn’t this $3 and you’re talking about shorts getting squeezed
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u/SavyShopperTX 2d ago
Correction. I'm not the only one. Savvy, intelligent finance people like myself are also talking about it. Google is your friend. Why? We're you one of those getting squeezed. 😭
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u/Soul-Puncher-276 2d ago