⚡️Basically we've had this breakout that has happened once that sideways trading was finished and the choice was made as we crossed over that 0.44 mark we already talked about in yesterday's idea to watch out for. And as simple as it sounds that's what it is. Now we've hit those next markings we had of 0.49 as resistance and will have to see what happens next though wouldn't be surprising to see us find a support soon and progress further up from that showing how strong price action is against the literal market. Here is then the three minute chart also showing that 200 EMA entry.
⚡️Leaving the idea here as you'll see things better on the chart live basis for what can happen next but definitely should be noted XRP hasn't really had any news to contribute to this remarkable spike so this is likely whales buying in for whatever purpose whether it's to pump or dump opening some quick future's positions before all this or them buying in to get ready for what may come next. It's a tough position to guess but definitely isn't a spike for no reason, Especially with most of the market having been slammed today again facing inflation. Time and time again these past 2 weeks XRP has proved the unthinkable in a slap of the face to it's doubters.
⚡️I'm leaving the idea here for now but I'm very excited for what the future holds. Before I end this off, this isn't financial advice and is simply my take on stuff and the market. If you'd like to leave a like or follow it'd be much appreciated and wishing well!
~ Rock '
⚡️Leaving the idea here as you'll see things better on the chart live basis for what can happen next but definitely should be noted XRP hasn't really had any news to contribute to this remarkable spike so this is likely whales buying in for whatever purpose whether it's to pump or dump opening some quick future's positions before all this or them buying in to get ready for what may come next. It's a tough position to guess but definitely isn't a spike for no reason, Especially with most of the market having been slammed today again facing inflation. Time and time again these past 2 weeks XRP has proved the unthinkable in a slap of the face to it's doubters.
⚡️I'm leaving the idea here for now but I'm very excited for what the future holds. Before I end this off, this isn't financial advice and is simply my take on stuff and the market. If you'd like to leave a like or follow it'd be much appreciated and wishing well!
~ Rock '
