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XRP: The basics are bullish
Some of the most useful and overlooked indicators are:
1) Volume: There was a massive green volume candle. And when I say massive, I mean the biggest one Ripple has ever seen, even greater than when it saw a 1300% increase. In general, volume proceeds price.
2) RSI and divergence. We can see some healthy bullish divergence that has developed 3D chart.
If BTC finds support here and moves sideays for a bit, we could see a very nice rally from XRP coming soon. Regardless, this is considered one of the best long term holds in the crypto world.
1) Volume: There was a massive green volume candle. And when I say massive, I mean the biggest one Ripple has ever seen, even greater than when it saw a 1300% increase. In general, volume proceeds price.
2) RSI and divergence. We can see some healthy bullish divergence that has developed 3D chart.
If BTC finds support here and moves sideays for a bit, we could see a very nice rally from XRP coming soon. Regardless, this is considered one of the best long term holds in the crypto world.
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