✴️ XRP | New Bullish Signals

9 Jun 2023

Looking at XRPUSDT on BitStamp I found something pretty interesting and one of the most revealing and strongest signals of all... Volume.

Yesterday closed as the best day ever, the highest buy/purchase volume ever on a daily basis on this exchange. I am sure we can find similitudes if we look at other exchanges.

Here is the chart:
Notice the green line below the 8-June candle/session.

The next signal is related to what we looked at yesterday, the candles closing price.

Yesterday, XRPUSD did not manage to close at a new high but this is looking quite possible today.

Not only is XRP set to close at a new daily high but also a new monthly high.

This is great news as XRP has been leading the market and helps us confirm what is coming to the rest of the Altcoins, to Bitcoin... Everything is going UP! Mid- and Long-term.

Remember that the short-term can be quite unpredictable but the signals are clear nonetheless.

Let's continue with a strong bullish bias unless/until the chart changes.

Namaste.

9 Jun 2023

Catatan

"The position taken in the brief, according to Deaton, was that XRP, like BTC and ETH, is digital code; the token itself is not a security; and, even if Ripple violated the law, secondary market sales do not."