So, XRP went to the accumulation zone at Jun 15. Months later volativity of this token and volumes started rising, you can see this by the chart and (green) volativity zone where was the first unsuccesfull attempt (impulse) to rise, there could be a good entry by fib for those who can read charts as a book, but unfortunately I missed this. This (green) zone is a typical buyers interest zone which has high volativity and strong support after retest, this all means that the accumulation can end with a break out very soon. What's happening now and where to buy? Well, you can buy it any time. Highly recommend to wait for a retest and see if there is any interest in a resistance zone (red). Hopefully it can accumulate already in a red zone and maybe go even higher, let's see.
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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.