XRPPembelian
XRP ... this looks bullish
XRP on the 4 week chart looks bullish and may be at a tipping (aka inflexion) point along an exponential curve about to moon upwards quickly over the next few 4-weekly bars.
- the higher openings and higher closings have continued over the past three bars.
- the recent low was set over the July 4th weekend and was not retested during the Aug 2-5 crypto & equities rout of all the other coins. Most other coins set much lower lows in August in comparison to July but XRP did not.
- the bar starting July 15 is a major decision bar! And it was green! And it's now followed by another green bar! This bar included the lows over the Aug 2-5 weekend and the highs due to the settlement on Aug 7. Usually a green decision bar is followed by much greater highs.
- the higher openings and higher closings have continued over the past three bars.
- the recent low was set over the July 4th weekend and was not retested during the Aug 2-5 crypto & equities rout of all the other coins. Most other coins set much lower lows in August in comparison to July but XRP did not.
- the bar starting July 15 is a major decision bar! And it was green! And it's now followed by another green bar! This bar included the lows over the Aug 2-5 weekend and the highs due to the settlement on Aug 7. Usually a green decision bar is followed by much greater highs.
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