I was wondering why XRP got a wick down to .60...theur had to be a reason for that and wouldn't you know there was a pool of liquidity between .60-.70 (blue rectangle) from end of July beginning of August. Never would I have thought they would go back to that area again as we were above a $1 and supposedly poised for a moonshot but here we are.
If you dont know what a pool of liquidity is its market makers using their money to move the market in a direction which is what they did as they moved up and out of that area probably liquidating positions.
If you dont know what a pool of liquidity is its market makers using their money to move the market in a direction which is what they did as they moved up and out of that area probably liquidating positions.