#XRP Volume Analysis Prediction 7/24/2018

Hi, friends.
Current situation at XRP.
After fixing we have a Wide balance with the range 0.43-0.52.
On chart I indicated it. Also I indicated mini-balance which will play an important role in where the price will go in the future. If the price breaks 0.4685, with a high probability we will see a raise up to 0.5150.
But if this mini-consolidation goes down, our wide balance goes down too. It would be very bad for XRP. So, for buyers very important to hold the price above 0.43.
Trading recommendation: intraday trades in direction where the price will go after leaving the mini balance.

Glossary of terms

• Point of Control (P O C) – The price level for the time period with the highest traded volume .
  
• Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
  
• Balance - Accumulation Area.
  
• F L - flat level.
  
• T L - trend level.
  
• Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.