bigtrouble
Long

Daily XRP chart shows "Early Signs" of trend reversal

BITFINEX:XRPUSD   Ripple / U.S. Dollar
The MACD is very close to having a bullish crossover. The DMI still shows BEARS in power for now, but is showing early signs of an incoming bullish crossover. I believe that when this DI crossover occurs our ADX will push past 25 points giving a good signal of a solid trend reversal. Slow stoch is giving us a heads up of potential upward price movement. On top of all this XRP did break out of a descending price channel , showing that the bulls are ready for their next run. I beleive that in short time we will have a huge market boom. Questions or comments?
Comment: Closing out a green candle tonight and one more tomorrow would really solidy the reversal. Be patient.
Comment: Soldify***
Comment: Solidify*** wow lol
I disagree with "On top of all this XRP did break out of a descending price channel". There is no evidence yet that the "breakout" you indicate is anything other than a slight retracement (like a Down Flag). Note that trading volume is below average, less than half of what we've seen in any previous significant movement.
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End of disaster big dip :)
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