The 50 EMA just Crossed the 200 EMA on the 4 hour. --strong bullish signal T-K cross below cloud -- pretty strong bullish signal Volume is up - as of 2:50 PM PST, XRP has highest trading volume on poloniex
--Price is in cloud, but looks like it is about to break out of 4 hour. --As soon as price breaks out of cloud on a clear 4 hour candle, that will be an additional signal to go long.
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**correction: XRP/BTC has 2nd highest volume on poloniex ** 50 EMA crossed 200 EMA from underneath on 4 hour --this is a bullish signal and says go long 90% of the time.
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When price breaks out of cloud on 4 hour, that will signal that its likely going to climb higher.
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*RSI and STOCH RSI on 4 hour showed that it was at oversold a few 4 hr candles back. Price took a dip, but I expect it to eventually start climbing again.
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Price is in the cloud. I expect it to go sideways for a few 4 hour candles as the Stoch RSI and RSI levels lower a bit.
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davedesigns
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The last few days have been a roller coaster but Stoch is now oversold with MACD bottoming out as well = trend reversal should occur soon. Hoping for a definitive move up today!
cyberholz
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Once we cross $0.33 we should see major moves. But that's a tough resistance level to crack.
KFedTrading
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Great analysis....i was thinking the same. XRP has been consolidating for weeks up and down around this level. Its about time to climb up a bit. Ive had some money long on this one for a while lets see what happens.