Jayed

XRP/BTC Volume and Price moving in tandem for past 48 hours

Jayed Updated   
BINANCE:XRPBTC   XRP / Bitcoin
Nothing else quite gives me the warm feeling seeing XRP's volume and price syncing up.

One thing that gives me an even warmer feeling? That the buy volume is again increasing after healthy consolidation!
Comment:
The Yellow circle is denoting the point of capitulation, when rising volume last pulled the price down. This is also forming a "double-bottom" for XRP/BTC pairing. So I don't expect this new upward trend to end any time soon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.