đ„đ„$XRP TECHNICAL ANALYSISđ„đ„
â $XRP is currently in a demand zone and the past 2 candels have shown price rejections.But their value is less because, their volume is low.
â This means that, there were only few trades happened and these cannot be reliable signals.
â With this background, yesterday has shown increase in volume suggestive of increasing number of trades happening and the rise of interest in the coin.
â Today, initially the price has gone down, but currently it has recovered. There is alos higher volume associated with this price action.
â This can suugest that there mught be buyers who have entered the market and eventually the buyers will dominate the market.
â But its feels like too soon to come to a conclusion as volume is still on low side.
â So, better to have a keen eye on charts and look for opportunities.
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