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    CASCADING LIQUIDATIONS in Bitcoin with 5-Minutes of Selloff, XRP, Altcoin Market Go, FTX LEVEL EVENT



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    View 31 Comments

    31 Comments

    5. B on

      We're sitting on support of XRP from April 2018 where it finally reversed from the massive losses after the bullrun before it inevitably went lower later that year . September 2018 we broke above the .50 support before falling back through it. November 2018 and July 2019 we almost managed to break out of the .50 resistance again. Throughout 2020 we broke above and fell below it a few times before finally breaking through and maintaining the upward momentum in March of 2021. June and July of 2021 we reached down and tested that support/resistance level but maintained the support. September through November of 2022 we were once again below the .50 support/resistance and attempted to break above it for those months before failing and falling down again. March and April 2023 we danced above and below .50 but support failed and we went down again. June 2023 we tried to break above .50 again and failed before finally the "XRP not a security win" gave us enough momentum to push through and get stopped at the .90 resistance. Now we're right back at the .50 support/resistance level we've held/failed since basically the end of 2017-2018 bull run. If we can maintain here I think it is the bottom before a massive run up again. .50 cents has just been such a major support/resistance for the last 5+ years, it had to be back tested for a bullrun to start. -noob thoughts from an early 2017 hodler.

    6. Print Engineering on

      This reminds me of the little hill before the last big pump. It went back down to lower levels for awhile before the big move to 69k. Do you think we're in a similar position?

    22. RYDAZ WORLD on

      Had 2 look up this Farming thing and wow BCB doing crap 4 likes, Uuummm, just the total Opposite, that's one of da reasons I'm here, keep killing da game wit da chart and history Factz, YA DIGG!!!

    27. The Star Family on

      Definitely concerning but this will be one of very few times where you may be able to pick up crypto at substantially cheaper prices. I raced home from work to buy some yesterday. Only look for QUALITY vs quantity!

    28. Alpay Erdoğrul on

      I’d guess that this moment what we had, shows that whales getting involved very dense. Frankly I am somehow convinced that it was a diversion. Whales are jumping in before the bubble pops.

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