Volume is the lie detector of price action. Here is how to read it using today's $XRP move.
A +1.3% bump to $1.3701 looks bullish on the surface. But look at the $163M volume. If this pump happened on $400M+ volume, institutions would be loading up. At $163M, it is likely retail-driven momentum, meaning the move is fragile and prone to a fakeout.
Rule: Price breaks resistance on high volume = trend confirmed. Price bumps on low volume = trap.
Do you check volume before entering a trade, or just chase the green candles? $XRP
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.
A +1.3% bump to $1.3701 looks bullish on the surface. But look at the $163M volume. If this pump happened on $400M+ volume, institutions would be loading up. At $163M, it is likely retail-driven momentum, meaning the move is fragile and prone to a fakeout.
Rule: Price breaks resistance on high volume = trend confirmed. Price bumps on low volume = trap.
Do you check volume before entering a trade, or just chase the green candles? $XRP
We post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.