For those saying that we are about to see a big bounce for XRP, I think that we should take a peek at the Ichimoku cloud.
The blue lines are here to reveal the distance from the cloud.
A : We were quite far from the cloud and we had to experience a reversal to come back closer to it. B : Same situation, but we failed to touch the cloud as fast as we have done in A. So we came climbed slowly (B') and now reached it. I believe that as we did after A, we will be pushed down by the cloud.
What are your thoughts??
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Looking at the weekly stochastic does not seem that good to me.