Folks, there's a new plot twist: $XRP 15-minute trading volume was about $29.47 million, 6.7 times the previous average; during the same period, the price fell 1.09%.
A sudden jump in trading volume only shows that people are more active; it doesn't prove which side is right.
Seriously, you have to look at trading volume together with price: where the price stalls and how long the upper and lower wicks are usually tell you more than volume alone.
All data describes past movements; the price can turn in the opposite direction at any time.
A sudden jump in trading volume only shows that people are more active; it doesn't prove which side is right.
Seriously, you have to look at trading volume together with price: where the price stalls and how long the upper and lower wicks are usually tell you more than volume alone.
All data describes past movements; the price can turn in the opposite direction at any time.
