Let’s break it down from a positioning perspective: Data: Trading volume on one exchange over the past 24 hours was about $1.329 billion, up 13.2%.
When news breaks, two things often happen in the market at the same time:
· Early buyers start taking profits
· Latecomers step in to buy
Whichever group has more strength determines the direction of the trend. $XRP 24h Trading volume was $229 million; watch for any unusual spike in volume.
#XRP
Markets move quickly, so make your own judgment.
When news breaks, two things often happen in the market at the same time:
· Early buyers start taking profits
· Latecomers step in to buy
Whichever group has more strength determines the direction of the trend. $XRP 24h Trading volume was $229 million; watch for any unusual spike in volume.
#XRP
Markets move quickly, so make your own judgment.