In the perfect world of XLM part 1.
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Altcoins
4 years ago
1 QCP
It is very simple ...
At the beggining when the price went sideways (2016-2017) there were no sellers and Interest increased
It was followed by massive pump where most sellers appeared and took their profits.
The sell interest increased massively and buy interest is really low at that point.
As price keeps dropping down so are sellers running out of coins to sell.
So sellers are during the time decreasing but people which want to buy in with the decreasing price are increasing so is Interest.
This where XML is now: https://www.tradingview.com/chart/XLMUSD/sVuLqOUu-In-the-perfect-world-of-XLM-part-1/
At the beggining when the price went sideways (2016-2017) there were no sellers and Interest increased
It was followed by massive pump where most sellers appeared and took their profits.
The sell interest increased massively and buy interest is really low at that point.
As price keeps dropping down so are sellers running out of coins to sell.
So sellers are during the time decreasing but people which want to buy in with the decreasing price are increasing so is Interest.
This where XML is now: https://www.tradingview.com/chart/XLMUSD/sVuLqOUu-In-the-perfect-world-of-XLM-part-1/
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