​Did $YB ‌ just give back every single win from the last 48 hours? Yup.

​Man, that flash crash was aggressive. Look at the size of that red hourly candle. It wiped out the entire move up to $0.64.
​This is why we always use stop losses, people. Volatility is a monster.
​The price is now attempting to build a base around the low of $0.5518. That's our immediate support.
​If the bulls can't reclaim $0.58 quickly, this is just going to chop sideways and likely bleed lower. Sellers have the momentum now.
​I'm officially out and watching from the sidelines. Waiting for a clearer structure before touching this one again.

#YB #XRPPriceUpdate