Divergence from the prior patterns
Take a look at the yellow circle. That is where we are diverging from what we've been tracking.
My take? It can go either way.
The volume and new wallets/accounts/users will be key to see if volatility returns, but the pricing appears to have little kinetic energy for higher price action.
Personally, anything $0.50 and under is an excellent DCA opportunity, but ALWAYS remember these things can go to zero and never come back - it all depends on how useful the asset is.
I think XRP is the future, but as always, the future isn't here ... yet.
My take? It can go either way.
The volume and new wallets/accounts/users will be key to see if volatility returns, but the pricing appears to have little kinetic energy for higher price action.
Personally, anything $0.50 and under is an excellent DCA opportunity, but ALWAYS remember these things can go to zero and never come back - it all depends on how useful the asset is.
I think XRP is the future, but as always, the future isn't here ... yet.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.