Description
⋅ Dear All,
The 12 hour and 18 hour charts are showing that XRP 50DMA is about to Cross the 200DMA with all recent candles well below the 50.
The daily does not show the Death Cross occurring and in fact the 50dma has not crossed the 100dma.
However, early indications show that XRP will or may continue consolidating or tiring in the short term.
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⋅ No change. Continuign to debelop
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⋅ XRP 50DMA is now at 200DMA but has not crossed on the 12-hour chart. Death Cross is imminent unless a major spike occurs.
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⋅ A 10-hour chart review shows the 100DMA crossing below the 200DMA trailing the 50DMA
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