Technical analysis by MetaShackle about Symbol XRP: Buy recommendation (10/26/2024)

Markets consist of three things:- Time- Price- LiquidityAll of the green lines represent Buy-side liquidity. All of the red lines represent sell-side liquidity. The price will seek areas that are inefficient in order to correct them, and it will also seek high concentrations of liquidity to fill large orders, and to stockpile coins for future market delivery.Keep you eye's on these SIBI/BISI areas, as price will be drawn to them like a magnet.SIBI -Sell-side imbalance: There is an excessive supply of sell orders in the market, indicating a dominance of sellers.Buy-side inefficiency: At the same time, there is a lack of effective buying pressure, meaning that buyers are not able to absorb the available sell orders.BISI -Buy-side imbalance: There is an excessive supply of buy orders in the market, indicating a dominance of buyers.Sell-side inefficiency: At the same time, there is a lack of effective selling pressure, meaning that sellers are not able to absorb the available buy orders.Good luck, and always use a stop-loss!