XRP Ready for Another Pump?
Honestly, I am not a fan of XRP, but I was looking at this earlier and it looked like it's ripe for another breakout. After I realized that, it popped another 5% so it looks like we might see another pump like the one a few days ago. The MACD on the 4 hour chart is flipping in XRPs favour, but there is still lower volume. More volume and price gains should confirm a breakout.
However, I don't think the technicals tell the full story, as the last XRP pump was due to non-technical reasons as it was the recipient of a lot of hype on Twitter and forums, and what appeared to be coordinated buying. I wouldn't be surprised if a similar situation plays out here.
As always: this is NOT TRADING ADVICE.
Disclosure: I have a long position that settles in USD. I do not hold, nor want to hold, XRP.
However, I don't think the technicals tell the full story, as the last XRP pump was due to non-technical reasons as it was the recipient of a lot of hype on Twitter and forums, and what appeared to be coordinated buying. I wouldn't be surprised if a similar situation plays out here.
As always: this is NOT TRADING ADVICE.
Disclosure: I have a long position that settles in USD. I do not hold, nor want to hold, XRP.
הערה
Yup, breakout confirmedהערה
Looks like it didn't last too long. Take profits triggered and came out with a few bucks.הערה
Didn't "pump" per se but has been on an upward trajectory since this post.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.