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Ripple XRP Is on a Downtrend, Dipping by 18% in Price in the Last 7 Days

Ripple XRP Is on a Downtrend, Dipping by 18% in Price in the Last 7 Days

While Bitcoin has managed to recover above the $19K level, Ripple (XRP) has struggled to regain strength.

May 13: ALT Coins Give You Wings

May 13: ALT Coins Give You Wings

Trade Strategy: Similar to yesterday. I've closed my long volatility trades, and will start to sell some volatility here and whenever it spikes. While implied volatility has sharply declined from 100% to 80% since Sunday, the longer-term average before the 12 March crash is around 55-60% so there's still juice to be short vol.

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