XRP: The Trick Is In The ActionLook at this, this is pretty interesting.
What do you see?
Yesterday's session is a mix but definitely gives out a bullish signal.
Very strong selling, high bearish pressure but the session ended green and at the top of the candle happened the close. Very tricky.
Seeing this candle, 27-Jan., immediately leads us to believe that today we are set to go up. I can see many people rushing and going LONG. Right?
It is normal, this is what the chart is saying and this is where the action is pointing towards, higher. But, look at the volume, trading volume is very low.
These drops, they tend to happen in pairs. Sometimes, these can come even in triplets; one, two, three.
So instead of the flush yesterday and today up. We get a flush yesterday, then another flush and when people are finally ready and convinced one final flush and then up; why? Because we are close to the bull-market bull-run. The market will try to remove all of the weak and doubtful hands before maximum growth; why? Because the growth period will be really, really strong. Once it starts going, there is no going back and that's why all the shaking happens before.
I think we need to wait just a little bit longer...
Things can change in a flash, that's true but, I don't know.
Something is off.
If you agree, let me know in the comments section below.
Patience is key.
I am truly grateful for your continued support... Why?
Namaste.