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Piezewieter
Apr 3, 2020 8:31 PM

Fresh money for XRP!! Long

XRP / U.S. dollarBitstamp

Description

Such a rise in total USDT amount without a price drop for XRP..
That can only mean one thing => fresh money for XRP!! 💰👍
Comments
VincePrince
Good job
transparent-fx
I made a breakdown on it as well, this is my view
RocketBomb
I want to know your oppinion about my chart
Piezewieter
@RocketBomb, Looks interesting I am not sure how big the dip will be though..
chahalyuvraj0007
That also translates to XRP selling
Piezewieter
@chahalyuvraj0007, Thanks for your reply, that's actually my whole point here, I strongly disagree.
Usually it does on a smaller scale, like the dump on 10-12 march (you can se the spike on USDT => sell XRP and rebuy lower), but this time the rise is way more significant and theres no linked price drop.. Which imo means fresh inflow of money into crypto..
Boubacar1
@Piezewieter I agree with your analysis
dRends35
What is this indicator you are using pls?
Piezewieter
@dRends35, This is not an indicator, this the ticker of USDT MarketCap
dRends35
@Piezewieter, How do you view it on the chart like that pls?
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