BTCE:PPCBTC Peercoin / Bitcoin
Peercoin and Namecoin have a significant price correlation due to their highest being traded on the same exchange, BTCe. Namecoin's recent trading increase on BTCe and Poloniex signals the start of a BTCe alt coin rally. There is plenty of room for the (ADX) to continue upwards with the line following it's lead. With the ADX above 25 and rising, one can see a strong positive trend forming. The 20 bottomed around January 1st and has breached through the 50 line and climbs upwards.