Trader Takes Bold Short Position on XRP While Bullish on Shiba Inu

Quick Summary:

Prominent crypto and forex trader Lars Kooistra has revealed a surprising contrarian strategy involving two popular cryptocurrencies, maintaining a bearish stance on XRP while simultaneously expressing bullish sentiment toward Shiba Inu.

This divergent approach comes at a time when both assets have shown related price movements in recent market activity.

With both currencies currently showing upward movement, Kooistra’s maintained short position on XRP could face increasing pressure.

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets: United Arab Emirates

Topics: Altcoin News Xrp Shiba Inu

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 16:11:09 (16 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28158042

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 34 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 17 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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