It seems to me that XRP has a very distinct pattern here.
I can't see that XRP is overbought due to the sizable corrections on its way up.
The pattern/trend WILL change. That's inevitable.
When? Nobody knows.
A very high percentage of XRP is owned by 8 or so key share holders.
If any of these people decide to dump their shares we may well see a blood bath here.
I foresee us taking even more of a dip when the volatility calms down and then gradually the bulls will come out again.
This may well be the last repeat of our pattern here.
I can't see that XRP is overbought due to the sizable corrections on its way up.
The pattern/trend WILL change. That's inevitable.
When? Nobody knows.
A very high percentage of XRP is owned by 8 or so key share holders.
If any of these people decide to dump their shares we may well see a blood bath here.
I foresee us taking even more of a dip when the volatility calms down and then gradually the bulls will come out again.
This may well be the last repeat of our pattern here.