✴️ XRP | Volume & Trend
I can see two things here, rising volume and a rising trend.
Ever since 02 Jan '23, we have higher highs and higher lows.
We can see strong buy volume and weak sell volume.
Short-term, we are within a bullish breakout after the 9-May low.
This breakout is supported by a high volume and a strong RSI.
✔️ Each time volume breaks up and the RSI moves above 50, we end up with a higher high.
We are expecting the same behaviour to repeat again.
Namaste.
Ever since 02 Jan '23, we have higher highs and higher lows.
We can see strong buy volume and weak sell volume.
Short-term, we are within a bullish breakout after the 9-May low.
This breakout is supported by a high volume and a strong RSI.
✔️ Each time volume breaks up and the RSI moves above 50, we end up with a higher high.
We are expecting the same behaviour to repeat again.
Namaste.
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