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AlanSantana
May 22, 2023 10:24 PM

✴️ XRP | Volume & Trend Long

XRP / Tether PERPETUAL FUTURESMEXC Global

Description

I can see two things here, rising volume and a rising trend.

Ever since 02 Jan '23, we have higher highs and higher lows.

We can see strong buy volume and weak sell volume.

Short-term, we are within a bullish breakout after the 9-May low.
This breakout is supported by a high volume and a strong RSI.

✔️ Each time volume breaks up and the RSI moves above 50, we end up with a higher high.

We are expecting the same behaviour to repeat again.

Namaste.
Comments
DeGRAM
Execellent chart analysis
CryptologyDC
Nice observation. Probably will finish descending triangle to 0.42 first where there's also a liquidity pool
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