Trend - pump, ABC corrections, followed by consolidation and further price push.
Every push we have seen declining volume (buyers/sellers leaving the market or the hodl is real).
Daily RSI has been overbought since Dec 11th. 4 hour RSI has room either way.
However- Fundamentals + market euphoria are carrying XRP, and there are a ton of people waiting on the sidelines for the exchanges to let them in. It's completely possible to see another leg up or two, but we are overdue/nearing a correction or a very long consolidation period.
Every push we have seen declining volume (buyers/sellers leaving the market or the hodl is real).
Daily RSI has been overbought since Dec 11th. 4 hour RSI has room either way.
However- Fundamentals + market euphoria are carrying XRP, and there are a ton of people waiting on the sidelines for the exchanges to let them in. It's completely possible to see another leg up or two, but we are overdue/nearing a correction or a very long consolidation period.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.