Looking at Ripple's 240m chart, you can see the Bollinger bands have closed in on each other. This signifies low market volatility. Now, the candles are starting to hug the top band, and the bottom and top band are starting to move away from each other which signifies more market activity. I believe since the candles are hugging the top band, that it is a clear buy signal.
What do you think? Like, comment and follow!
Not financial Advice.
What do you think? Like, comment and follow!
Not financial Advice.