Price and volume need to confirm each other for the move to be valid; relying on the news alone can easily lead to a misread.
Take this news item, for example: Evernorth plans to raise about $80.7 million through an equity financing to buy XRP.
The first large bullish or bearish candle after the news often sets the tone for the day, so it’s worth taking a closer look.
$XRP Currently at 1.2896.
Take this news item, for example: Evernorth plans to raise about $80.7 million through an equity financing to buy XRP.
The first large bullish or bearish candle after the news often sets the tone for the day, so it’s worth taking a closer look.
$XRP Currently at 1.2896.
