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dna1434evr
Dec 5, 2021 2:40 AM

XRP Liquidity pool taken from back in July/August  

XRP / TetherUSBinance

Description

I was wondering why XRP got a wick down to .60...theur had to be a reason for that and wouldn't you know there was a pool of liquidity between .60-.70 (blue rectangle) from end of July beginning of August. Never would I have thought they would go back to that area again as we were above a $1 and supposedly poised for a moonshot but here we are.
If you dont know what a pool of liquidity is its market makers using their money to move the market in a direction which is what they did as they moved up and out of that area probably liquidating positions.
Comments
dna1434evr
easing peoples minds...some think the bullrun is over or that its crashing. its not...just market makers taking their money off the table.
VIDAL01MX
@dna1434evr, And to think that it will return there this week at 0.60 dlls, no way, those 7 dollars seems that it will not be given for a long time.
VIDAL01MX
Hi, thanks for sharing. How do you detect those pools of liquidity?
dna1434evr
@VIDAL01MX I marked those off myself but here is the indicator. tradingview.com/script/NytKt5Sl-Vector-Candle-Zones/
VIDAL01MX
@dna1434evr,
Hello, there are analysts like Yury who see that the price will go to 0.30 dlls, among other things due to the crossing of Emas 50 and 200, what do you think?
omidtbv
So?
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