At least on smaller time-frames, the price is trying to establish a foothold above the kumo. Could it dip once again to trigger more stops? Absolutely.
Personally, I'm already in and intending to accumulate more.
I'm curious to see if the run-up to Swell will have further positive impact on the price.
however the function is more like MOM(XRPUSD) = 1.5*MOM(BTCUSD). As you can see from the comparison between the two currencies. In this market scenario I would associate it with pro traders portfolios however also with the direct conversion is USD that XRP permits.