If you follow any of the fundamentalists on Youtube, then you might be familiar with the idea that XRP is experimenting with these so called, "Buy & Sell" walls. At first, I kinda shrugged it off, but as I thought more about it, I thought that anything could be possible, and in order for large transactions to flow back and forth using XRP, then maybe the powers at large need to control the price somewhat(?)...I'm also reminded of the Ripple Riddler riddle when he is holding his hands in front of himself and the word "HOLD" is in between. I think that's when some were speculating the "BUY & Sell" walls.
Anyhow, in my opinion, the price SHOULD'VE popped higher by now(actually a few days ago), and when it didn't, I began to wonder why. Here is what I discovered.
Keep in mind, I'm not saying that they are controlling price, but I do find it odd that it appears to be on a continuous loop, doing the same pattern over and over again, as it continues to diminish. I've tried to distinguish the movements as best and as clear as possible, so you'll have to let me know if you "see" it, OR maybe it's just me looking at charts too much. I'll let you be the judge!
Cheers!
Anyhow, in my opinion, the price SHOULD'VE popped higher by now(actually a few days ago), and when it didn't, I began to wonder why. Here is what I discovered.
Keep in mind, I'm not saying that they are controlling price, but I do find it odd that it appears to be on a continuous loop, doing the same pattern over and over again, as it continues to diminish. I've tried to distinguish the movements as best and as clear as possible, so you'll have to let me know if you "see" it, OR maybe it's just me looking at charts too much. I'll let you be the judge!
Cheers!